BONK/USDT Technical Update (Binance)
Current Price: $0.00002699 🟢 +3.93% (24h)
📊 Key Metrics:
24h Range: $0.00002553 (Low) → $0.00002746 (High)
24h Volume: 3.22T BONK ($85.41M USDT)
EMAs:
7-day: $0.00002708 (resistance)
25-day: $0.00002696 (support)
99-day: $0.00002646 (strong support)
📈 Technical Outlook:
1. Bullish Momentum:
Price trading above 25/99-day EMAs, signaling mid-term bullish bias.
Recent rebound from $0.00002553 (24h low) suggests strong dip-buying.
2. Critical Levels:
Resistance: $0.00002708 (7-day EMA). Break above targets $0.00002746 (24h high).
Support: $0.00002696 (25-day EMA). Loss here could test $0.00002646 (99-day EMA).
3. Volume Insight:
Current 5-min volume (13.59B BONK) below 5-period MA (26.28B), indicating consolidation.
Sustained volume needed for breakout.
💡 Trading Strategy:
Longs: Consider entries above $0.00002708 (7-day EMA) targeting $0.00002746+.
Shorts: Risk-on below $0.00002696 (25-day EMA) with $0.00002646 as profit zone.
Stop-Loss: Below $0.00002640 (under 99-day EMA) for longs.
Meme Coin Alert: BONK remains volatile! Trade with tight risk management.
#BONK #Memecoins #Crypto #TradingSignals