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BONKUSDT trade ideas

What to expect from Bonk (BONK)?BONK coin have surged nearly 10% in the past week. With a market cap exceeding SEED_TVCODER77_ETHBTCDATA:1B , its popularity has kept them resilient amid market downturns. As part of the Solana blockchain, which ranks third in Total Value Locked (TVL) at $5.3 billion, Bonk coin’s staking volume has reached $43 million. This reflected a growing interest in utilizing BONK within the DeFi ecosystem. As noted earlier, BONK’s volume has sharply declined from nearly half a billion post-listing to $188 million at press time. However, bulls have managed to stave off a pullback, bringing BONK coin closer to its previous rejection level at $0.00002201. Ultimately, beyond the listing, much depends on Bitcoin action, particularly in the long run – sustained optimism in the network could see both tokens surpass their previous rejection levels.
Long
by paul_endeo
Is BONKUSDT About to Soar? Here's Why You Should Pay Attention!Yello, Paradisers! Are you ready for what could be a major move on #BONKUSDT? If you've been tracking this pair, you'll notice it just broke out of a descending resistance trendline and successfully retested it. But that's not all—there's been a significant shift in the market structure that could pave the way for a bullish rally. 💎#BONKUSDT has been making lower lows and lower highs on the 4H timeframe. However, in a recent turn of events, the market structure broke, forming a higher high, confirmed by the formation of a higher low. This is a key signal that momentum may be shifting. 💎After this break, BONKUSDT retraced back to a critical support/resistance (S/R) level, aligning perfectly with the 0.5 Fibonacci retracement zone at 0.00001638. This confluence is a strong indicator that buyers are stepping in at crucial levels. 💎Currently, the pair sits just above the 0.66 Fibonacci area, probability of potential upward movement. We could see BONKUSDT head towards minor resistance around 0.00001809. If buying volume strengthens, a push towards the next resistance level at 0.00001901 is very much on the table. 💎On the flip side, there's always a risk. If BONKUSDT fails to maintain its support and we see a 4hour candle close below 0.00001552, the pattern will invalidate, and further downside could be expected. Stay sharp, Paradisers! Keep an eye on those key levels and always trade with discipline. The market could offer big opportunities, but only for those who stay patient and play it smart. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
1
Trading Signal For BONKUSDT Trading Setup: A Trading Signal is seen in the BONKUSDT Bonk 4h (Futures) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.00001639 ⭕️SL @ 0.00001493 🔵TP1 @ 0.00001966 🔵TP2 @ 0.00002228 🔵TP3 @ 0.00002618 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
Lingrid | BONKUSDT Range-Bound Market PRICE ACTIONBINANCE:BONKUSDT is currently consolidating, oscillating between resistance and support levels. Notably, it is fluctuating around the psychological level of 0.000020, which indicates that there is accumulation occurring at this level. Overall, the market has reached the April high, and on the weekly timeframe, it has formed an inside bar pattern. This could signal the potential beginning of a bull run if the price closes above this pattern. I expect the market to continue oscillating within the consolidation zone until we see a clear breakout. Any movement beyond the established resistance or support levels will provide further insights into the market's direction. My target is resistance zone aroud 0.0000222 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
2
BONK Breakout Alert: Will You Miss This Explosive Move?Yello, Paradisers! Have you noticed the powerful breakout #BONKUSDT is triggering right now? This is one you don't want to overlook. 💎#BONK is making waves as it breaks out of a triangle pattern, and what's more intriguing is that this breakout is happening right at the 4-hour EMA-200 level. This alignment isn’t just a coincidence—it’s creating a surge in breakout momentum that could drive BONK much higher. 💎Currently, BONK is eyeing the 0.00002300 level as its initial target. This is a minor resistance level where price might see some profit taking. However, if the momentum holds strong, BONK could push even higher towards the 0.00002415 to 0.00002515 range. These levels are likely where the current move will find its completion. 💎On the downside, the 4-hour EMA-200 at 0.00002115 is providing crucial support. As long as this level holds, the bulls will likely maintain control. However, if BONK slips below this level, the next support to watch is 0.00002035. Stay sharp, Paradisers! This could be a significant move. Keep your strategy disciplined and remember, in the world of crypto, the most prepared traders reap the rewards. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
2
30-Min Power Play: Double EMA Cross Strategy - BONK USDTThis strategy is designed to leverage the power of EMA crossovers on 30-minute candle data, providing a clear and concise method for entering and exiting trades. The strategy uses three key EMAs: EMA 93: A short-term EMA, acting as the fast-moving average. EMA 700: A long-term EMA, serving as the slow-moving average. Exit EMA 4: A rapid-response EMA for precise trade exits. Entry Signal: The strategy triggers a buy when the EMA 93 crosses above the EMA 700 on 30-minute candles. This indicates a potential upward trend, providing a strong signal to enter a long position. Exit Signal: The trade is closed when the Exit EMA 4 crosses below either the EMA 93 or EMA 700, capturing profits or minimizing losses by exiting before a potential reversal. This strategy is perfect for traders looking to capitalize on medium-term trends with clear entry and exit points, optimized for backtesting on 30-minute candle data. Test it out to see how this setup performs across different market conditions!
Long
by PPonBIN
Trade Setup: BONK Long PositionMarket Context: BONK is experiencing a pullback after a strong recovery bounce. We anticipate the price to start filling the daily wick before making another move higher. Entry should be carefully timed to manage risk, with clear invalidation levels. Trade Setup: Entry: Ladder into the position between $0.00001714 and $0.00001661. Take Profit: First target: $0.00001853 Second target: $0.00001975 Stop Loss: Conservative approach: Close under $0.00001629. Aggressive approach: Close under $0.00001538. 📊 Adjust your risk management based on your strategy and monitor the market for potential entry triggers. #BONK #CryptoTrading #RiskManagement 🎯
Long
by Richtv_official
Completion of Pullback and Upward MovementThe BONK/USDT chart shows that this currency is trading within a specific range and appears to be on the verge of completing a pullback. This move could be considered a preparatory phase for an upward movement. Potential Scenarios: Completion of Pullback and Upward Movement: After completing the pullback, there is a possibility for the price to move towards the $0.000022 and $0.000025 levels. These levels can be considered as initial targets for an upward movement. Monitoring Reaction at Key Levels: Monitoring the price reaction at these levels is crucial. If the price surpasses these levels, the upward trend could strengthen, leading to higher price movements.
by MonoCoinSignal
BONKUSDT - UniverseMetta - Analysis#BONKUSDT - UniverseMetta - Analysis On D1, the price may push off from the lower border of the channel and begin an upward trend. From the border you can see rebounds of 30% - 80%, which indicates the presence of buyers. On H4, for confirmation, you can wait for the formation of a 3-wave structure along the trend and consider buying. You should be careful if an ABC or 3-wave structure in the opposite direction is formed (the presence of a 5th wave down), the price may make a false breakout and update the low again. Target: 0.00002355 - 0.00003392
Long
by Trade-U-Metta
Bonk Price Analysis: Key Resistance Levels and Potential SurgeBINANCE:BONKUSDT has been displaying intriguing movements on the 4-hour chart, with its closing prices showing slight fluctuations recently. Closing prices have ranged from $0.00001985 to $0.00002122, indicating a period of consolidation. Currently, BONK is testing the resistance level at $0.00002127. Should it break above this level, the next significant resistance points to watch are at $0.00002220 and $0.00002250. Conversely, the immediate support levels to monitor are $0.00002069 and $0.00002057, with a stronger support level at $0.00002031. A drop below these support levels could signal further downside potential. Technical indicators present a mixed outlook for the BONK price. The 9 EMA has recently crossed above the 20 EMA, suggesting a potential bullish momentum. This crossover often indicates that the short-term trend is gaining strength over the longer-term trend, which could lead to a price increase if sustained. The MACD, though currently below the signal line, is showing signs of improvement. The narrowing gap between the MACD line and the signal line, coupled with the positive histogram values, suggests a possible bullish reversal in the near term. Traders should keep an eye on further MACD developments as they could provide early signals for entry points. The RSI has been hovering around the neutral 50 level, recently rising above it. This movement suggests that the BONK price might be shifting from a neutral to a slightly bullish phase. An RSI above 50 typically indicates increasing buying pressure, which could support further price gains. For traders looking to enter a long position, a confirmed breakout above the $0.00002127 resistance level could provide a favorable entry point, with targets set at the subsequent resistance levels of $0.00002220 and $0.00002250. A stop-loss just below the $0.00002069 support level might be prudent to mitigate potential downside risks.
by Ecoinimist