#AltcoinETFsWatch Here is the **technical analysis** of BONK/USDC
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### ⚙️ **Current Price & Movement**
* **Current Price**: `0.00002206`
* **24h High**: `0.00002398`
* **24h Low**: `0.00002112`
* **Change**: `-0.23%` (slight drop)
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### 📉 **Trend Analysis**
* **60-period Moving Average (MA60)**: `0.00002214`
➤ **Current price is below the MA60**, indicating a short-term **downtrend** or **bearish sentiment**.
* **Price is fluctuating but struggling to break above resistance** around the MA level.
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### 🔍 **Volume Analysis**
* **Recent volume**: \~15.7M BONK
* Volume **spiked** briefly, then returned to lower levels. This may indicate:
* A **short-lived buying interest**.
* Or **liquidation/selling pressure**.
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### 📊 **Performance Summary**
* **Today**: `-1.91%` (Bearish)
* **Last 7 Days**: `+51.93%` ✅
* **30 Days**: `+42.69%` ✅
* **90 Days**: `+125.56%` ✅
* **180 Days**: `-22.21%` ❌
* **1 Year**: `+17.53%` ✅
This shows **short- to mid-term bullish strength**, despite a current short pullback.
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### 🎯 **Trade Signal Evaluation**
#### 📌 **Stop Loss (SL) Suggestion**:
* You could set a **stop loss** just below **0.00002150–0.00002160**, near recent lows.
* If price drops below that, it may test the **24h low** (0.00002112) or continue downward.
#### 📌 **Take Profit (TP) Suggestion**:
* TP1: Near **0.00002240** (recent resistance / MA60)
* TP2: **0.00002380–0.00002400** (close to 24h high)
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### 🧠 **Conclusion**
* **Short-term**: Price is under slight pressure but trying to hold support around 0.00002200.
* **Mid-term**: Still bullish, with good returns over the past 7–90 days.
* **Caution**: Price is under the 60-period MA; failure to break it could mean further pullback.
**If you're in a long (buy) position**, monitor closely. A bounce above 0.00002214 would be bullish. If it falls below 0.00002150, consider exiting or reducing risk. #BinanceTurns8 #TrumpTariffs #BreakoutTradingStrategy $BONK
