Am I right

📊 #BONK/USDT Market Analysis (30 Min Chart)

🔎 Key Observations:

Current Price: 0.00002189

24h Gain: +19.81% (strong bullish momentum)

24h High: 0.00002246

24h Low: 0.00001753

Recent Trend: Sharp bullish rally with increasing volume.

MACD: Bullish crossover, momentum building up.

Volume: Strong and increasing, confirming the breakout.

✅ Current Market Sentiment:

This is a strong uptrend backed by solid volume and momentum. However, after such steep moves, short pullbacks or sideways consolidation are very common.

📌 Possible Scenarios:

📈 Scenario 1: Bullish Continuation

If BONK holds above 0.00002160 - 0.00002180, it is likely to retest the recent high at 0.00002246 and possibly push to 0.00002300 - 0.00002350.

📉 Scenario 2: Short-Term Pullback

If BONK fails to hold the 0.00002160 support, it may correct towards 0.00002050 - 0.00002000 area to retest previous breakout levels.

🎯 Suggested Trade Setup:

⚡ Aggressive Entry (Momentum Trade)

Buy Entry: 0.00002180 - 0.00002190

Take Profit 1: 0.00002250

Take Profit 2: 0.00002300

Stop Loss: Below 0.00002150

🛑 Safer Entry (Wait for Pullback)

Buy Entry: 0.00002050 - 0.00002080 (if the price corrects)

Take Profit: 0.00002200 - 0.00002300

Stop Loss: Below 0.00002000

🚨 Risk Management:

If you’re trading on leverage, reduce position size because the risk of a quick pullback is high after a vertical pump.

Always set a stop loss to protect your capital.

Watch volume and candle strength closely—if volume drops and a strong red candle forms, that could signal the top.