๐ BONK/USDT โ Trending Hard with High Volume
Price: $0.0221 | Change: +23.58%
Timeframe: 1H | Date: July 6, 2025
BONK is making waves again, printing a strong uptrend on the 1H chart with a +23% gain today. Price just made a new local high at $0.02246, and volume is spiking. But is it sustainable?
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๐ง Fundamental Highlight:
BONK is the leading meme coin on Solana, often dubbed the "DOGE of Solana."
Benefiting from the growing hype around meme coins + low fees on Solana chain.
Trading volume surging above $945M = massive interest from retail traders.
High social sentiment on Twitter/X and increasing whale activity this week.
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๐ Technical Snapshot:
Price is riding above EMA(7), EMA(25), and EMA(99) = strong bullish structure
Stoch RSI still mid-range (54) โ room to go higher
Support levels: $0.0209 / $0.0198
Resistance: $0.0225 (current high) โ breakout in progress
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๐ Probability Forecast:
Direction Chance Notes
๐ผ Break above $0.0225 and rally to $0.024+ 70% Strong trend + volume surge
๐ฝ Pullback to $0.0209 or below 30% Possible rejection near top
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๐ฏ Trade Idea (Bullish Momentum):
> Entry Zone: $0.0214โ$0.0220
TP: $0.0235โ$0.0242
SL: below $0.0205
Wait for candle close above $0.0225 to confirm bullish breakout continuation.
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#BONK #MemeCoin #SolanaEcosystem #ScalpingSetup #TrendingToken #BinanceSquare #CryptoMomentum
