$BONK /USDT – Short-Term Technical Analysis (Binance)
Current price: 0.00000809 USDT | 24h: +2.4% | Meme Coin
📊 Market Structure
Range-bound consolidation after a bounce from 0.00000760
Buyers defending higher lows → mild bullish bias
Extremely high token volume (743B BONK) but USDT volume still modest, suggesting churn rather than breakout
⏱ Timeframe Bias
15m
Tight range: 0.00000790 – 0.00000820
Scalping environment
1h
Gradual higher lows
Needs a clean break above 0.00000820 to trend
4h
Sideways to slightly bullish
No strong trend yet
1D
Neutral; meme rotation dependent on market sentiment
🔑 Key Levels
Resistance
0.00000820
0.00000850
0.00000900 (psychological)
Support
0.00000800 (pivot)
0.00000780
0.00000760 (range low)
📈 Indicator Snapshot (Estimated)
RSI (1h): ~52 → neutral-bullish
MACD (1h): Flat, attempting bullish cross
Volume: Stable; needs expansion for breakout
🧠 Trade Scenarios
🔺 Range Long (scalp / intraday)
Entry: 0.00000790 – 0.00000800
Targets: 0.00000820 → 0.00000850
SL: 0.00000775
🚀 Breakout Trade
Entry: 1h close above 0.00000820
Targets: 0.00000870 → 0.00000920
SL: 0.00000800
🔻 Bearish Case
Breakdown below 0.00000760
Targets: 0.00000730
Bias turns bearish
⚠️ Meme-Coin Notes
$BONK moves fast on social + Solana momentum
Expect fake breakouts
Best trades are range plays or confirmed volume breakouts
