$BONK

Trade Entry

**Consider entering long if**:

1. Price shows rejection at current levels (hammer candle, bullish engulfing)

2. RSI crosses above 40 with volume confirmation

3. Price breaks above EMA(7) at 0.00002478 with conviction

**Ideal entry zone**: 0.00002400-0.00002450

## Support and Resistance

- **Support Levels**:

- Immediate: 0.00002400 (psychological)

- Strong: 0.00002350 (if broken, invalidates bullish case)

- **Resistance Levels**:

1. 0.00002478 (EMA7)

2. 0.00002550 (previous structure likely)

3. 0.00002675 (EMA9 and strong resistance)

## Profit Targets

1. **Target 1**: 0.00002550 (4% gain) - partial profit (30% position)

2. **Target 2**: 0.00002600 (6.1% gain) - partial profit (30% position)

3. **Target 3**: 0.00002675 (9.2% gain) - full exit remaining (40% position)

## Stop Loss

- **Place stop loss**: 0.00002340 (4.5% risk)

- **Alternative**: Below recent swing low if visible on your chart