$BONK Coin Analysis Hourly Frame/
1. Supports♥♥:
0.00003014: Support very close to the current price, a strong support level for the rebound.
0.00002814: Deeper support representing the lowest price recorded in the current period.
0.00002755: Historical support, if broken, the price may head to lower levels.
2. Resistances♥♥:
0.00003149: First resistance close to the MA(25).
0.00003272: Clear resistance from previous peaks.
0.00003531: Higher resistance at a previous peak.
3. Technical indicators:
RSI(6): At 58, it indicates positive momentum but far from overbought areas.
MACD: Close to zero with DIF and DEA lines converging, indicating a possible consolidation or the beginning of a new trend.
MA:
The price is below MA(99), indicating a long-term bearish trend.
The price is trying to rise above MA(7) and MA(25), which may support a corrective move.
4. Trend Analysis:
The price is in a consolidation zone between support at 0.00003014 and resistance at 0.00003149.
A break of the resistance at 0.00003149 with strong momentum may push the price to 0.00003272 or higher.
If the price breaks the support at 0.00003014, it may head to test lower levels such as 0.00002814.
5. Suggested Strategy♥♥♥:
Buy: When the support bounces off 0.00003014, with a first target at 0.00003149 and a second target at 0.00003272.
Sell or Stop Loss: If the price breaks 0.00003014, with a target of 0.00002814.