BONK / USDT 4H Setup: Tapping Major Support & Targeting the Daily Time Frame Highs! 📊
Hey Binance Square family! Let’s analyze the latest price action on the BONK / USDT 4-Hour chart. BONK is currently trading around $0.00000304, showing a solid +5.19% bounce as it reacts cleanly off key institutional support and sets its sights higher.
Here is the complete technical breakdown and trade setup for the upcoming sessions:
📉 Technical Analysis Breakdown
Market Context: After a sustained corrective phase and breaking down past local ranges, BONK has swept resting liquidity and printed a strong reaction directly inside the lower macro demand zone ($0.00000257 – $0.00000280).
Price Action Path: The chart maps out an aggressive impulsive expansion wave aiming straight for the primary overhead target zone in the Daily time frame ($0.00000470 – $0.00000550 region).
🎯 Trade Setup Parameters
Asset / Pair: BONK / USDT (Binance 4H Chart)
Position Type: Long 🟢 (Macro support reversal play)
Entry Zone: $0.00000280 – $0.00000305 (Accumulating inside the current reaction and retest zone)
Stop-Loss (SL): $0.00000250 (Placed securely below the lower demand floor to invalidate the setup if support fails)
📈 Take-Profit (TP) Target
Primary Target (Day Time Frame): ~$0.00000470 – $0.00000550 (Targeting the major higher timeframe resistance and liquidity pool marked on the chart)
🤔 What do you think, Binance Square?
Will BONK sustain this momentum from support and make a full run toward the $0.00000470 daily target, or are we looking at more consolidation first?
Drop your thoughts and targets in the comments below! 👇💬
$BONK
#BONK #MemeCoin #CryptoTrading #BinanceSquare #TechnicalAnalysis #Altcoins #TradingSetup
Hey Binance Square family! Let’s analyze the latest price action on the BONK / USDT 4-Hour chart. BONK is currently trading around $0.00000304, showing a solid +5.19% bounce as it reacts cleanly off key institutional support and sets its sights higher.
Here is the complete technical breakdown and trade setup for the upcoming sessions:
📉 Technical Analysis Breakdown
Market Context: After a sustained corrective phase and breaking down past local ranges, BONK has swept resting liquidity and printed a strong reaction directly inside the lower macro demand zone ($0.00000257 – $0.00000280).
Price Action Path: The chart maps out an aggressive impulsive expansion wave aiming straight for the primary overhead target zone in the Daily time frame ($0.00000470 – $0.00000550 region).
🎯 Trade Setup Parameters
Asset / Pair: BONK / USDT (Binance 4H Chart)
Position Type: Long 🟢 (Macro support reversal play)
Entry Zone: $0.00000280 – $0.00000305 (Accumulating inside the current reaction and retest zone)
Stop-Loss (SL): $0.00000250 (Placed securely below the lower demand floor to invalidate the setup if support fails)
📈 Take-Profit (TP) Target
Primary Target (Day Time Frame): ~$0.00000470 – $0.00000550 (Targeting the major higher timeframe resistance and liquidity pool marked on the chart)
🤔 What do you think, Binance Square?
Will BONK sustain this momentum from support and make a full run toward the $0.00000470 daily target, or are we looking at more consolidation first?
Drop your thoughts and targets in the comments below! 👇💬
$BONK
#BONK #MemeCoin #CryptoTrading #BinanceSquare #TechnicalAnalysis #Altcoins #TradingSetup
