$BONK Quick Trade Setup

#BONK – 1H Chart Setup (April 24, 2025)
💰 Price: $0.01424

🧠 Context: After hitting $0.01846, BONK retraced and is now consolidating. Price is holding above the 99MA ($0.01227). Short-term MAs (7 & 25) sloping down but flattening — possible base forming.

🔍 Indicators:
MACD: Bearish momentum fading, crossover brewing

RSI(6): ~48.7, recovering from oversold

Volume: Dropping — signs of accumulation

📈 Long Setup
Entry: $0.01420–$0.01430
TP1: $0.01500
TP2: $0.01580
SL: $0.01380

⚠️ Short Setup (if breakdown)
Entry: $0.01390–$0.01400
Target: $0.01320
SL: $0.01445

✅ Summary: BONK at key support. Breakout above $0.015 could resume bullish trend. Breakdown below $0.014 weakens structure. Watch volume.

📌 Not financial advice. DYOR.