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BONKUSDT

BONK/USDT Chart Update.The BONK/USDT chart highlights a potential long trade setup based on technical analysis. The price appears to be consolidating within a descending triangle pattern, with a breakout opportunity on the horizon. Support Zone: A crucial support zone appears between 0.00001697 and 0.00001999, suggesting a potential rebound zone for bullish momentum. 200-Day Moving Average: The price is approaching the 200-day moving average, which could act as dynamic support. Ichimoku Cloud: The cloud suggests near-term bearishness, but a breakout above the resistance could signal a trend reversal. Long Target Zone: A green zone extending up to 0.00006239 indicates a high probability target for the next bullish leg. Trade Setup: Entry Point: Around the support zone at 0.00001999. Stop-Loss: Below 0.00001697 to manage risk. Take Profit Target: Primary: 0.00004500. Secondary: 0.00006239 for higher potential profits. Risk/Reward: The setup offers a favorable risk-to-reward ratio, making it an attractive option for long trades. However, before entering the trade, confirmation of a reversal (e.g., bullish candlestick pattern or volume spikes) is recommended. DYOR, NFA @Peter_CSAdmin
Long
by CryptoSanders9563
$BONK will dump very low. Short opportunity.CRYPTOCAP:BONK , SEED_DONKEYDAN_MARKET_CAP:FLOKI , CRYPTOCAP:PEPE , and similar coins have seen massive pumps recently. However, these surges are not organic; they are likely manipulated by exchanges or influential whales. CRYPTOCAP:BONK , for instance, is heavily backed by the Solana community and gets a significant push from Solana enthusiasts. The issue with these pumps is that they defy normal chart logic, creating large bearish divergences. These divergences eventually need to be corrected, leading to prolonged and painful dumps. Trading these coins can be straightforward if approached wisely. Wait for a significant dump and for the weekly chart to reset to oversold territory. This process could take up to six months. The best time to act is when the daily, weekly, and hourly charts align. This alignment often signals when whales ignite a new pump. However, once the coin is pumped, sell quickly and move on to avoid the inevitable harsh dump that follows. Currently, CRYPTOCAP:BONK is in the process of resetting. Until the MACD and RSI reach their lowest levels, I would recommend staying away from this coin entirely or considering shorting it. **DYOR** (Do Your Own Research).
Short
by CryptoNikkoid
1
BONK 4H. Big Swing Ahead. 12/14/24After reaching a local high, the price retraced and moved into a correction phase. During this correction, the support level at $0.003183 was held, indicating bullish sentiment among buyers. It’s worth considering opening a position from the current levels, whether for spot trading or a swing position on futures (with low leverage and a small percentage of your deposit). For those concerned about drawdowns, positions can also be accumulated or added from the support level at $0.003183. Here are my parameters: Entry Point (EP): Current price Take Profit (TP): $0.005553, $0.006426, $0.007446 Stop Loss (SL): $0.002587 But remember: your money — your responsibility! P.S.: I'm aware of the additional zeroes after the decimal; they’ve been omitted for simplicity. All levels are shown on the chart! DYOR.
Long
by trendbooster
BONKUSDT: descending triangle breakout!! Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyse BONKUSDT: TECHNICAL ANALYSIS: BONK is currently consolidating within a parallel channel. After breaking out of a descending triangle pattern and undergoing a corrective pullback, the price has found support at the 100-day EMA on the daily chart. The previous breakout led to a significant 135% price surge, and a similar rally is anticipated as the price approaches the upper boundary of the parallel channel. Bullish crossovers in RSI and MACD indicators further support the bullish outlook for BONK. Key Level: Entry: CMP to $0.000033 SL: $0.000028 Leverage: 2-3x Target: $0.000046 $0.000055 $0.000068 $0.000089 If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!
Long
by persis10t
2
BONK/USDT - H4 - Wedge BreakoutThe BONK/USDT pair on the H4 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Wedge Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming Days. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around Breakout. Target Levels: 1st Resistance 2nd Resistance Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Long
by KABHI_TA_TRADING
2
BONK Buy Setup (2H)From the point where we've placed the red arrow on the chart, it seems that BONK's correction has begun. This correction appears to be a diametric pattern that is nearing completion. As long as the price stays within the green zone, it could move toward the targets. The targets are marked on the chart. A daily candle closing below the invalidation level would invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
HolderStat | Memecoins included in the top 100📊 This week’s analysis of top 100 memecoins revealed some surprises: classic memes like DOGE and SHIB didn’t make the top 5 performers or underperformers. Their lower volatility makes them less appealing for quick gains on price growth. 📉 Coins on the Solana network faced notable declines, presenting an opportunity to build positions at lower prices. 🔥 Meanwhile, fresh memecoins across various networks delivered impressive results, grabbing the spotlight for the week.
COINBASE:DOGEUSD
by HolderStat
1
BONK Price Soars 12% Post-Major ListingThe Solana-based meme coin CRYPTOCAP:BONK is making waves in the cryptocurrency market. After its listing on South Korea’s largest crypto exchange, Upbit, the coin has surged by 12% in a single day, reaching a new all-time high. This recent rally has extended BONK’s weekly gains to over 75%, sparking optimism for its potential to challenge the giants of the meme coin market like PEPE and SHIB. The Catalyst Behind BONK’s Rally The Upbit listing has proven to be a game-changer for CRYPTOCAP:BONK , as the Korean exchange announced the addition of a BONK-Korean Won trading pair. With Korean investors’ affinity for meme coins, this move has significantly boosted trading activity and investor confidence. - Massive Volume Surge: BONK’s daily trading volume has soared by 77%, crossing the $2.7 billion mark. - Whale Activity: Blockchain analytics platform Lookonchain reported notable whale interest. A well-known investor, famous for $4.84 million profits from POPCAT, recently acquired 65.4 billion BONK tokens worth 3.4 million USDC, signaling strong confidence in BONK’s potential. - Market Cap Milestone: BONK’s market cap now exceeds $4.2 billion, ranking it as the fourth-largest meme coin. Analysts predict it could climb to $10 billion, positioning it among the top three meme coins. Technical Analysis BONK has consistently followed a cycle of falling wedges followed by rising wedges. This pattern has occurred three times, each signaling a breakout to new highs. CRYPTOCAP:BONK is currently positioned for a healthy retracement to the $0.000051 support level before potentially climbing further. The Relative Strength Index suggests room for retracement or a continuation of the bullish trend. Furthermore, BONK’s 24-hour trading volume surged by 117.24%, reflecting strong investor interest and liquidity. With BONK currently trading at $0.0000559, analysts see potential for the price to move towards $0.005 in the long term, fueled by its increasing adoption, whale interest, and strong technical foundation. Upbit Listing Amid Regulatory Scrutiny Interestingly, this development comes as Upbit faces regulatory challenges. South Korea’s Financial Intelligence Unit has flagged over 500,000 KYC violations by the exchange. Despite this, the CRYPTOCAP:BONK listing has ignited investor enthusiasm and strengthened the coin’s community. Conclusion BONK has displayed a rare mix of healthy technical patterns, growing fundamentals, and increasing adoption. The combination of whale activity, a major exchange listing, and sustained volume growth suggests BONK is well-positioned to capitalize on the meme coin trend. With a market cap of $4.2 billion and growing, the $10 billion milestone could soon be within reach. Investors are keeping a close watch on BONK’s next moves, as it continues to solidify its position in the meme coin hierarchy. Will BONK challenge PEPE and SHIB? Only time will tell, but the momentum is undeniably strong.
Long
by DEXWireNews
BONKUSDT: Potential for a 30-50x Surge!Overview: BONK/USDT, the second-largest meme coin on the Solana network has shown promising signs of a significant upward trend, as indicated by the recent breakout from both weekly resistance lines. The price action suggests a refusal to decline further, highlighting a potential bullish momentum. Technical Analysis: -The chart demonstrates a clear breakout above the yellow resistance line, which has historically acted as a ceiling for price movements. - The weekly candle has closed above this line, indicating strong buying pressure and potential for further gains. - The price has also surpassed the horizontal resistance at 0.00004790, reinforcing the bullish outlook. Market Sentiment: With the current momentum and market interest, BONK/USDT could see a substantial increase, potentially reaching 30-50 times(+) its current value. However, it's crucial to acknowledge the inherent risks in such high-volatility trades. Risk Assessment: While the technical indicators are favorable, this is a high-risk trade. Market conditions can change rapidly, and it's essential to conduct thorough research and consider your risk tolerance before investing. Conclusion: BONK/USDT presents an exciting opportunity for traders willing to embrace the risks for potentially high returns. Keep a close watch on market developments and adjust your strategies accordingly.
Long
by YMTunkuLuqman