🚀 BONK / USDT – Bulls Eyeing Fresh Breakout!
$BONK s trading with strong upward momentum, bouncing from the 0.00002283 support and now consolidating just below the 0.00002410 resistance zone. The 1H chart shows higher lows and bullish engulfing candles, suggesting buyers are in control and preparing for a breakout.
📈 Trade Setup (LONG Position):
Entry Zone: 0.00002380 – 0.00002400
Target 1 (TP1): 🎯 0.00002450
Target 2 (TP2): 🎯 0.00002520
Target 3 (TP3): 🎯 0.00002600
Stop Loss (SL): 🛑 0.00002320
🧠 Market Outlook & Technical Highlights:
Breakout Building Up: Price is testing the 0.00002410 resistance multiple times, suggesting an imminent breakout attempt.
Strong Rebound from Support: The bounce from 0.00002283 confirms buyers are defending key demand zones.
Bullish Structure: Higher lows and stronger bullish candles hint at rising demand and momentum.
Volume Support: Recent green candles are forming on increasing volume, a classic breakout signal.
📌 Strategy Notes:
Aggressive Entry: Inside 0.00002380–0.00002400 range (pre-breakout).
Conservative Entry: After a confirmed 1H candle close above 0.00002410.
Risk Management:
Move SL to breakeven after TP1 hits.
Use a trailing SL beyond TP2 for extended gains toward 0.00002600.
⚡ Summary:
$BONK showing strong bullish behavior, consolidating just under resistance with growing breakout pressure. A move above 0.00002410 could unleash sharp upside, making this a high-reward trade for breakout traders.
🔁 Buy / Long $BONK while price holds above 0.00002320 and targets the 0.000025+ zone.