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#BONK 50,000% Pump ⁉️
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- Meme coins, including Bonk, are doing well.
- Improved market conditions are a contributing factor.
- Anticipated Ethereum ETF approval is expected to have a bullish effect.
➡️. Technical Analysis
- Bonk is nearing a bullish breakout.
- Key resistance levels: $3,600 and $3,400.
- Breaking above $3,600 could lead to significant gains.
- Target prices: $4,000 (psychological resistance) and $4,700 (36% gain).
➡️. Strategic Considerations
- Monitor the price at $3,600.
- Watch open interest for market sentiment.
- Wait for confirmations before making a move.
➡️. Market Implications
- Ethereum ETF approval could open new opportunities for meme coins.
- Increased market liquidity and stability expected.
- Bonk's outlook remains promising amidst these developments.
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