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Buy Zone: Near 100,609.41 (support bounce or dip buy)
Targets:
🎯 Target 1: 102,000.00 (short-term resistance)
🎯 Target 2: 102,850.00 (breaking point for continuation)
🎯 Target 3: 105,000.00 (extended upside)
Stop-Loss: 99,500.00 (protect below support)
Bearish Setup (Caution for Reversal)
Short Zone: If price fails to break 102,850.00
Targets:
🎯 Target 1: 101,000.00 (mid-range pullback)
🎯 Target 2: 100,000.00 (support retest)
🎯 Target 3: 99,500.00 (deeper pullback)
Stop-Loss: 103,000.00 (exit if resistance is broken)
✨ Pro Tip: Keep an eye on volume and price action. A break above 102,850.00 could lead to a larger rally, while a failure to break may lead to a short-term pullback.
Stay alert—whether you ride the rally or play a pullback, manage your risk accordingly!
$BONK is currently facing a sharp 7.45% drop, with the price slipping towards its daily low of 0.00003493. The volume's solid, with over 1.41 trillion BONK tokens traded in the last 24 hours, showing high activity, but sentiment appears negative for now.
The market's been a bit of a rollercoaster, with HMSTR testing the lower boundary at 0.003293. Price action suggests we're at a crossroads—either we rebound towards the higher range or the downtrend continues.
Key Levels:
Support: 0.003293 (solid floor to watch)
Resistance: 0.003588 (bulls need to break this)
Mid-Point: 0.00345 (a breakout here could ignite a rally)
Indicators:
Bollinger Bands: Price near the lower band—potential for a bounce.
MACD: Weak bearish momentum, but ready to flip if we get a breakout.
Trade Strategy ⚡️
Long Play (If the Bounce Holds)
Entry: 0.00333–0.00335
Target 1 🎯: 0.00345 – A quick move to the mid-range.
Target 2 🎯: 0.00355 – Eyes on this key resistance.
Target 3 🎯: 0.0036 – Full bull mode if momentum holds.
Stop Loss: 0.00328 – Below support to protect from deeper drops.