#creattoearn

🔼 Buy setup 1000BONK/USDT

After completing my Elliott Wave count on 1000BONK/USDT, I’ve noticed strong buying activity as the price entered the current demand zone.

The chart shows a clean bounce off the 61.8% Fibonacci support at $0.0210, which also perfectly aligned with the 200 SSMA on the daily timeframe. This combination strongly suggests that the ongoing ABC correction may have come to an end.

If this scenario plays out, the next move should be a continuation of the uptrend in the form of a 3rd wave, where BONK could potentially rally by +160%, targeting the $0.6000 psychological and technical resistance area.

With a favorable risk/reward ratio of 1:3.5, I am entering a long-term buy position at the current market price.

#BONK  #USDT #solana $BONK $USDT $SOL