🧠 BONK/USDT technical snapshot (1H timeframe on Binance):
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🐶 $BONK /USDT Overview
💰 Current Price: $0.00001517
📉 24h Change: -2.82%
📊 Volume (24h):
BONK: 535.61B
USDT: $8.30M
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📉 Price Range (24h)
High: $0.00001571
Low: $0.00001517 🔽 (currently at the bottom)
BONK is testing its 24h support with minimal bounce — bearish short-term bias unless support holds.
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📊 Moving Averages (Volume)
MA Period Value Signal
MA(5) 6.75B 🔼
MA(10) 4.56B 🔽
📌 The shorter-term average is higher, showing recent selling volume outweighing prior buying — possible short-term oversold signal, but caution is key.
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🔍 Key Technical Levels
Support Zone:
🔻 $0.00001517 (current + daily low)
🔻 $0.00001500 psychological level
Resistance:
🔺 $0.00001535
🔺 $0.00001562
🔺 $0.00001571 (24h high)
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🧭 Market Sentiment
Currently at support – potential for a small rebound
However, no clear reversal without a break above $0.00001550
If $0.00001500 breaks, next major floor: $0.0000145
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📌 Strategy Pointers
Scalp Bounce Setup:
🎯 Entry: $0.00001510–0.00001517
🎯 Target: $0.00001550
🛑 SL: $0.00001495
Breakout Trade (Confirmation Needed):
🎯 Entry: > $0.00001570
🛑 SL: $0.00001535
🎯 Target: $0.00001620–0.00001650
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🧠 Summary
🔻 Short-term Bearish (trading at support)
🕵️♂️ Watch closely: if buyers don’t step in soon, breakdown risk increases
📉 Break of $0.00001500 = Bearish continuation
📈 Recovery above $0.00001570 = Possible bounce wave
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