🚀 $BONK – ACCUMULATION OR PRE-BREAKOUT SETUP? 🐕🔥
BONK has been in a long downtrend and is now stabilizing around 0.0000060 – 0.0000065 → signs of a base formation after capitulation 👀
📊 Key scenarios to watch:
* Entry zone: 0.0000060 – 0.0000065
* Strong support: 0.0000051 – 0.0000055 (losing this = continuation of downtrend)
* Breakout level: 0.0000070 – 0.0000075 (trend reversal confirmation)
* Upside target: 0.0000090+ if momentum builds
⚠️ Macro trend still bearish → this could remain a sideways range without strong catalyst
💡 PSY is recovering + price forming higher lows → early accumulation signals, but volume still relatively weak
🔥 Strategy: accumulate slowly near support or wait for breakout — avoid over-leveraging in early stage