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BONKUSDT Perpetual Swap Contract

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BONKUSDT.P trade ideas

Long BonkBased on the analysis of Bonk's 8-hour chart, there’s a bullish divergence pattern emerging. This pattern suggests that there’s positive momentum and money flow coming in. Also, Bonk has successfully held its support level, indicating a potential area of strong buying interest. The retesting of the breakout reinforces the notion that the price is attempting to establish a new upward trend. A potential take profit level would be the .618 Fibonacci retracement level. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
Long
by WaltrAlexander
BONK BOINK BOUNCE (soon).... an update from the first post:An update from my initial post of BONK from March 30, 2023: Looks like we have a confluence of confirmation now -- and clarity of direction should be a no brainer. ON weekly we have a massive net buying accumulation at 1.4T bonks traded (in addition to March 20's 3.67T bonks traded) -- cementing a good base support for a reversal to the upside. March seems to be an 'accumulation' month -- so it appears. Expect a continuation of ascend further up from here. We're up by +16% so far from the lastpost. SEEDED AT 0.0000005656. Last post from March 30 2023:
Long
by JSAL
2
Bonk Is The Play Right NowBonk has been range bound since the beginning of the year. We now have very strong support at .0000008. It appears that Bonk is gearing up for a very strong move to the upside. The chart makes a case for itself. Best of luck. twitter.com - 67.2% of the airdropped $BONK remains in the hands of the original airdrop recipients - $BONK holders have diamond hands unlike anything we've ever seen on Solana (you NFT flippoors know what I'm talking about) - Since the $BONK lauch, it is 3rd in terms of total swap volume on Solana behind $SOL and $USDC - On January 2nd, $bonk had as much swap volume as $SOL and $USDC, which is pretty insane considering those two tokens are part of nearly every trading pair on Solana. #BONK #BATT
Long
by Kalete
7
Rangebound. But not for much longer!$BONK aka Bonk Inu has been moving within a tight range for a while - it was on the sidelines and dragged while Solana made it's price moves. Now that the market is feeling comfortable with it's recent bullish turn -- whether that is a long term bull trend reversal or simply a bear market rally is to be seen -- money will start to flow to coins that have few bagholders. Bonk was an airdrop and those who wanted to sell it have sold most likely, those that haven't are likely waiting for prices that we haven't seen yet. It's clear on the chart that somebody is buying up those airdrop for no less than ~$0.0000007777. The boring period does come to an end at some point, and when it does I'm betting the price will be marked up. Price has been in an accumulation / consolidation zone since January 11th when a large holder pulled their liquidity from Orca. Two resistance levels are shown on the chart - once Bonk blows past those, it's price discovery time. Do I hear "Bonk to $1!" in the distance?
Long
by secousa
10