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BONK / TETHER USD on BSC (0XEBB4391E06F6B3D3168BD5F81B42A49A193730F0)

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BONKUSDT_EBB439 trade ideas

#BONK Tapping Into Community-Driven Meme Coin PotentialDescription: This trading idea focuses on BONK, a meme-based cryptocurrency that has captured attention due to its strong community support and decentralized ethos. Unlike many meme coins, BONK is positioned as a community-driven initiative, with a portion of its token supply distributed among various active participants to promote decentralized ownership and adoption. With its growing ecosystem, social traction, and community-driven efforts, BONK presents an intriguing opportunity for those looking to capitalize on the rise of community-led meme coins in the crypto market. However, it's important to acknowledge that the market for meme coins like BONK is highly speculative and prone to extreme volatility. Rapid price changes, shifting market sentiment, and external factors such as media attention and social trends can greatly influence its value. This asset class carries high risk and should be approached with careful consideration. Disclaimer: This trading idea is for educational purposes only and is not intended as financial advice. Trading cryptocurrencies, including BONK, is speculative and carries a significant risk of loss. Investors should conduct their own due diligence, consider their financial position, and consult with a financial advisor before making any decisions. Past performance is not indicative of future results.
Long
by MoonTradingForecast
BONKUSDT - Climb Back to .00004The weekly MACD hasn't been drawn yet so there's likely more impact by the daily MACD on the price point. BONK has seen .00004 as a high, so it's possible there's shorts waiting to get rekt at the top. Expecting a slow climb back towards .00004. Take note of the rising stochastic and MACD. Long/shorts ratio has taken a standstill at .000012 to .000014 indicating there's a supply level there. If it does fall to .000012 I would pick up more. A great 2-3X hold.
Long
by Terrapins
11
Bonk Catastrophe... Level 1 (50%), Level 2 (85%) & Level 3 (95%)I think a true disaster will happen here. It seems that the biggest damage will happen to the memecoins side of the market, based on what I am seeing coming from the charts. Here we are looking at Bonk. You know, a major crash leads to a very strong rise when market conditions switch from bearish to bullish, we've seen this in the past. These memecoins grew really strong and the same also works in reverse. A major rise tend to produce a very strong correction and since there hasn't been much for this pair in comparison to recent growth, a major market flush can cause real damage. Ok, what is the chart saying? My name is Bonk, James Bonk... ➖ BONKUSDT can easily lose ~50%. This would be level 1. But there is also level 2 and level 3. ➖ Level 2 would mean a 85% drop from current prices and level 3 a 95% drop. ➖ Level 1 support can be tested easily, that would be -50% for BONKUSDT. The other two, I don't know, but the market has been consolidation for many months for a major drop. If level 1 breaks, prepare for the worst. Namaste.
Short
by AlanSantana
3
Bonkusdt Trading opportunityBonkusdt is currently trading above a significant neckline, which is exhibiting robust support. Our expectation is a retracement towards this pivotal level before a resumption of bullish momentum, with a strong anticipation of impulsive wave 3 to ensue. This wave 3 is subdividing into 5 sub-waves, as depicted on the chart. I believe this coin holds substantial potential. A comprehensive follow-up will be provided for updates. Share your insights in the comment section and show your support by liking the post. Thank you.
by weslad
22
BONK Ready for a Major Breakout? Key Resistance Levels to Watch!Yello Paradisers! Are the bulls taking control again? #BONK has recently tested its basing support range, and we’re now seeing a strong bullish engulfing pattern—a potential sign of a turnaround! But how far can #BONKUSDT go from here? Let’s break it down. 💎BONK is eyeing its initial resistance levels at 0.00002235, with the next target at 0.00002325. These are crucial areas to watch because the descending channel resistance is positioned here, making it a pivotal zone. A successful breakout above this region could accelerate the bullish momentum, with BONK aiming for 0.0000250 to 0.0000260—a zone where we expect key targets to be achieved. 💎However, for BONK to sustain a more aggressive upside, it must secure acceptance above the 0.000026 level. Successfully establishing acceptance above could lead to strong momentum driving BONK towards 0.0000290 to 0.0000305. 💎On the downside, BONK has established solid support between 0.0000195 to 0.0000189. This range is essential for bulls to defend, as a loss of these levels could disrupt the bullish narrative. The EMA-200 is also aligned here, providing additional strength to this support. Patience is key here, Paradisers. Don’t get caught chasing. Wait for the highest probability opportunities and let the market come to you. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
1
BONK ANALYSIS📊 #BONK Analysis ✅There is a formation of Descending triangle pattern on daily chart with a good breakout and retest.🧐 Pattern signals potential bullish movement incoming after a breakout of major resistance zone 👀Current Price:  $0.00002265 🚀 Target Price:    $0.00003260 ⚡️What to do ? 👀Keep an eye on #BONK price action and volume. We can trade according to the chart and make some profits⚡️⚡️ #BONK  #Cryptocurrency  #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts