BONK holding key support — potential reversal setup?
🟢 $BONK - LONG
Trade Plan:
Current Price: ~0.000004458
Entry Zone: 0.00000425 – 0.00000455
SL: 0.00000395
TP1: 0.00000505
TP2: 0.00000565
TP3: 0.00000645
BONK has been holding above a major support zone after a deeper correction and is now showing signs of stabilization with increasing volume on green candles. The Entry Zone lies within this key daily demand area. A break above the recent swing high would confirm a potential reversal and continuation toward higher resistance levels.
Can BONK bounce strongly from this key support zone?
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1000BONKUSDT
Perp
0.004815
+5.20%