$BONK Potential Bounce From Support Zone
BONK
0.0₅94
-4.66%
Trade Setup:
Entry Zone: 0.00000965
Target 1 (TP1): 0.00000985
Target 2 (TP2): 0.00001000
Target 3 (TP3): 0.00001017
Stop-Loss: 0.00000949
BONK is currently testing a strong support level following a downward trend on the 1h chart. The visible setup indicates a counter-trend long trade. If buyers manage to hold the price above the 0.00000965 entry zone, this meme coin could see a bullish reversal, targeting previous swing highs and the upper resistance line. This momentum is dependent on the support holding firm.