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š Bonk (BONK) is a community-driven meme coin developed within the Solana ecosystem. š£ āš»
ā Launched in 2022, BONK stands out for its fair distribution model. "50% of its total supply was airdropped" to the Solana community, which helped boost interest in decentralized finance (DeFi) projects. š£
ā BONK's future depends on developments within the Solana ecosystem and adoption rates. Experts predict that its integration into Web3 projects and strong community support could drive its long-term value. š£ ā”ļøā”ļø
š Binance Technical Analysis š¹
The technical analysis of BONK on Binance provides key indicators to understand its price movements. On the daily chart, BONK appears to be forming a "flag pattern", signaling potential breakout opportunities.
ā Support levels: $0.000023 USDT (if breached, a decline toward $0.000015 USDT is possible) ā¼ļø
š¢ Technical indicators such as "Relative Strength Index (RSI)" and "MACD" are crucial for identifying key levels. Investors should always consider market conditions and risks before making decisions. š
š Bonk (BONK) is a community-driven meme coin developed within the Solana ecosystem. š£ āš»
ā Launched in 2022, BONK stands out for its fair distribution model. "50% of its total supply was airdropped" to the Solana community, which helped boost interest in decentralized finance (DeFi) projects. š£
ā BONK's future depends on developments within the Solana ecosystem and adoption rates. Experts predict that its integration into Web3 projects and strong community support could drive its long-term value. š£ ā”ļøā”ļø
š Binance Technical Analysis š¹
The technical analysis of BONK on Binance provides key indicators to understand its price movements. On the daily chart, BONK appears to be forming a "flag pattern", signaling potential breakout opportunities.
ā Support levels: $0.000023 USDT (if breached, a decline toward $0.000015 USDT is possible) ā¼ļø
š¢ Technical indicators such as "Relative Strength Index (RSI)" and "MACD" are crucial for identifying key levels. Investors should always consider market conditions and risks before making decisions. š
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š§§šYesterday (Sunday) we executed a total of 2 contract strategies, taking profit on 2 orders and hitting 0 stop losses. The first order was a long position on Ethereum with a cost of 2505, ultimately taking profit on 50% of the position in the 2520ļ½2530 range, then moving to a breakeven exit. Using 50x leverage, the profit was around 50%. The second order was a short position on Bitcoin with a cost of 104500ļ½104700, and before sleeping, I took profit on the entire position at 104000, using 100x leverage, with profits in the range of 50%ļ½80%.