$BONK [TECHNICAL ANALYSIS – BONK/USDC]

Timeframe: 1D

Trend: Short-term bullish continuation

Sentiment: Cautiously optimistic

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Key Data:

• Current Price: 0.00001569 USDC

• 24h High / Low: 0.00001589 / 0.00001461

• EMA(7): 0.00001568

• EMA(25): 0.00001572

• EMA(99): 0.00001645

• MA(5): 170.68B BONK

• MA(10): 165.92B BONK

• RSI(6/12/24): 56.12 / 52.89 / 50.76

• Volume (24h): ~170.68B BONK / ~2.64M USDC

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Key Highlights:

• Entry Point: Potential entry near 0.00001480–0.00001520, where short-term support aligns with EMA(7).

• Profit Target: First target near EMA(99) at 0.00001645, and if broken, the next one near 0.00001700.

• Risk: Suggested stop-loss below 0.00001450, to limit downside exposure.

• RSI Momentum: RSI values indicate moderate bullish momentum, with RSI(6) showing increasing buying pressure.

• Volume Activity: Rising volume supports the potential continuation of the upward trend.

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Conclusion:

BONK/USDC is showing signs of bullish continuation, with price holding above key moving averages. A breakout above 0.00001645 could confirm further upside, targeting 0.00001700.

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#Crypto #Trading #BONK #TechnicalAnalysis #Binance