$BONK USDT – STRONG REBOUND FROM $0.00001601! BULLS BACK IN ACTION
DOUBLE BOTTOM CONFIRMED NEAR $0.00001601
MACD FLATTENING – SELL PRESSURE LOSING STEAM
$BONK is showing a sharp recovery after bouncing off the $0.00001601 support level. The price has climbed back above $0.00001670, forming higher lows and hinting at a trend reversal on the 1H chart.
MACD is still slightly bearish, but histogram bars are shrinking, signaling a slowdown in selling momentum. If BONK breaks above $0.00001724, a quick retest of the $0.00001749 high could follow.
Trade Setup:
Long Entry: $0.00001671
Targets (TP): $0.00001724 / $0.00001749
Stop Loss (SL): $0.00001600
Momentum is shifting upward. BONK may rally further if bulls reclaim $0.00001724.
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