$BONK /USDT – Meme Token Faces Mild Pullback
BONK slipped by 3.38% today, dropping from its 24h high of $0.00002494 to trade near $0.00002314. Despite heavy volume of 2.78T BONK, sellers have capped upside moves, with $0.00002494 acting as a strong short-term resistance. A bounce from the $0.00002275 support zone could re-attract buyers.
Long Trade Setup
Entry: $0.00002300–$0.00002320
Target 1: $0.00002400 (minor resistance)
Target 2: $0.00002494 (recent high)
Stop Loss: $0.00002265
Risk Management
Given BONK’s high volatility and massive trading volume, use tight stops and be prepared for quick intraday swings typical of meme tokens.
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