Hello, Binance family! 👋
Let's discuss BONKUSDT. This coin recently broke out of a classic bullish pattern called a symmetrical triangle.
▶ What's going on?
🔷 Triangle Breakout: A clear symmetrical triangle was formed by BONKUSDT, suggesting a possible bullish continuation.
🔷 Holding Above Breakout Zone: The price has demonstrated strength by staying above the breakout zone.
* Target Areas:
🔷 Immediate Target: Using the triangle's measured move (1:1 ratio), we have established an initial target.
🔷 Extended Target: There is also an extended target zone for possible upside for those who are feeling daring.
🔷 Accumulation Zone: The ideal place to enter! Seek out purchasing opportunities in this area.
Trading With Caution:
Keep in mind that #BONKUSDT is subject to volatility. Avoid using too much leverage and practice good risk management.
Let's Talk! 💬
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