$BONK /USDT Trade Setup and Technical Analysis 🔐🔑👇
Current Price: 0.00001488
Timeframe: 1D & 2H
Technical Breakdown:📊
$BONK has surged into a strong daily supply zone after a clean bullish breaker structure (BOS) on the 2H chart. The daily candle broke past short-term resistance at 0.00001400 and is currently testing the upper edge of the breaker block.
On the 2H chart, $BONK price pushed through the 0.00001408 liquidity pool, grabbing breakout traders before stalling under a short-term resistance zone. The Stochastic RSI shows strong momentum on both 2H and 1D, hinting at continuation — but overbought conditions demand caution.
Key Zones:🔐🔑
Support: 0.00001408 | 0.00001347
Demand Blocks: 0.00001276 - 0.00001347
Resistance: 0.00001519 | 0.00001952 (confluence with MA cluster)
Trade Idea:🤔
Wait for a pullback toward the 0.00001400 zone for a safer entry. If bulls hold that breaker, expect a bounce targeting 0.00001519 and potentially 0.00001952. Break and close above 0.00001519 on high volume confirms bullish continuation.
Entry: 0.00001408✅
Targets: 0.00001519 → 0.00001952✅
Invalidation: Clean break below 0.00001347
🧑🏫Pro Tip: Don't chase green candles. Let price come to you. If the breakout was real, the retest will be clean.
Community Takeaway:👨❤️👨
Patience in crypto is a superpower. Let others get trapped in fakeouts — we trade structure, not emotions.
⚠️Disclaimer: This is not financial advice. Always DYOR and manage risk based on your strategy.