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Altcoin_Alley
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Bullish
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$BCH
should bounce from this support level and should make a new high on H4 TF.
We could see 390+ levels.
#DYOR
#BinanceSquareFamily
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Altcoin_Alley
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Waiting to see that dip
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Looking at the $BONK /USDT 4H chart, here’s a quick technical outlook based on Smart Money Concepts (SMC) and market structure: 🔍 Key Observations: * Price Zone: BONK is currently trading around 0.00001988, just under a premium supply zone (highlighted in red). This area has already seen some rejection. * Recent BOS (Break of Structure) and CHoCH (Change of Character) show bullish continuation, but... * Weak High Tagged: The recent push to ~0.00002033 touched a weak high, suggesting potential liquidity grab or inducement. * Imbalance Zones: Several fair value gaps (FVGs) or demand blocks are unfilled below: * Around 0.00001782 * Around 0.00001650–0.00001500 ⚖️ Equilibrium Zones: * Equilibrium and EQBOS (Equal BOS) zones lie lower, suggesting the price may return to rebalance. 🧠 SMC Interpretation: * Current Setup: The price is in premium (above equilibrium) and close to supply. Unless a strong bullish BOS occurs above 0.00002033 with follow-through, we might see a retracement to: * 0.00001780 (FVG + liquidity zone) * Possibly deeper toward 0.00001600–0.00001500 (institutional discount zone) ✅ Bullish Bias If: * Price breaks and holds above 0.00002033 (weak high) with volume, flipping the premium zone to demand. ⚠️ Bearish Caution If: * Price gets rejected again and closes below 0.00001782, expect a pullback toward equilibrium or deeper FVGs. Trade here: $BONK #DYOR* #TradingCommunity #BinanceSquareFamily
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Ada
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Great analysis
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Aave
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