$BONK

$BONK Trading Setup on 4-Hour Frame (Updated)*

*Market Outlook:

- $BONK has decreased by -10.36%, as it faces profit-taking after a sharp rise.

- The price is currently testing a key support level at 0.00003365.

- Although the trend remains bullish technically on a higher timeframe, the current candles indicate that a pullback phase is active.

*Entry Zone:

- 0.00003280 – 0.00003380 (Re-testing MA-99 and the lower Bollinger Band range).

*Targets:

- Target 1: 0.00003620

- Target 2: 0.00003880

- Target 3: 0.00004100

*Stop Loss:

- Below 0.00003190 (breaks the structure and invalidates the recovery setup).

*Key Levels:

- Support: 0.00003365 / 0.00003194 / 0.00002965

- Resistance: 0.00003652 / 0.00003881 / 0.00004111

*Moving Average Levels:

- MA(7): 0.00003491

- MA(25): 0.00003534

- MA(99): 0.00003282

*Professional Advice:

- If BONK bounces from MA-99 with an increase in volume, it may provide a good re-entry signal.

- However, if the volume remains weak and closes below 0.00003280, caution should be exercised — wait for reversal signs before entering.

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