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Bonk

⚙️💹 BONK Trading Strategy 🌐📊📊 Current Market Status: BONK consolidating in a support area at around $0.00001. 📈 Chart Analysis: Tight range between current support and descending resistance line from mid-December. 🔄 Accumulation Strategy: 30% Allocation: Accumulate a long position in the support area. 30% at Breakout: Deploy another 30% at the break of the resistance line. 40% at Retest: Deploy the remaining 40% at a retest of the breakout. ⚖️ Risk Management: Stop Loss: Set at around $0.0000088. Take Profit: Targeted at the next area of resistance, around $0.0000168. 📣 Conclusion: Trading strategy involves strategic accumulation and deployment based on chart patterns. Risk management in place with specified stop loss and take profit levels. Trade wisely! 📈💡 #BONK #TradingStrategy #CryptoMarket 🌐📊
Long
by Richtv_official
BONK BULLISH after Value Area Low flips to support!When taking a look at bonk we can see that it is showing a sign of strength. It has reclaimed the POC and trend line. Once the VAL is flipped into support, there’s not much stopping this project from reaching the POC 22% higher from these levels. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
Long
by Navitility
BONK 4H BEARISH TRIANGLE : DUMP UPCOMINGWith Bonk's reversal from the 0.0001800 area, we can construct a clear bearish triangle on the chart. Bearish triangles often break bearish to make new lows, so that's going to be the idea behind the trade. Wait for the price to close below the triangle's support area. Looking for a move towards the 0.0000900 range. Might be far-fetched, but this token did a massive 200x in a matter of weeks, so a big correction is to be expected at some point.
Short
by HyBlockCap
🔥 BONK Bearish Triangle: Preparing For DumpWith Bonk's reversal from the 1800 area, we can construct a clear bearish triangle on the chart. Bearish triangles often break bearish to make new lows, so that's going to be the idea behind the trade. Wait for the price to close below the triangle's support area. Looking for a move towards the 380 range. Might be far-fetched, but this token did a massive 200x in a matter of weeks, so a big correction is to be expected at some point.
Short
by FieryTrading
1
BONK Introduces PooperScooper to Streamline Asset Management$BONK introduces 'PooperScooper' for easy asset management, marking a major leap in meme coin utility and user convenience. Solana’s meme coin, BONK, recently introduced a new feature, dubbed ‘PooperScooper,’ to streamline user interactions and asset management within its ecosystem. This latest development represents a significant step in BONK’s ongoing efforts to expand its reach and utility in the competitive world of digital currencies. ‘PooperScooper’: Simplifying Asset Management The ‘PooperScooper’ feature, a notable innovation within the community, aims to provide users with an efficient tool for managing their digital assets. This functionality allows individuals to quickly identify and organize tokens no longer aligned with their investment strategies. The feature enhances convenience and user engagement by enabling users to convert these assets into BONK seamlessly. The community’s response to the introduction of ‘PooperScooper’ has been overwhelmingly positive. This enthusiasm underscores the growing demand for user-friendly tools in cryptocurrency, particularly within the meme coin sector, where simplicity and accessibility are critical. $BONK’s Growth Trajectory Despite being a newer entrant in the meme coin market, BONK has shown remarkable growth and resilience. Compared to its more established counterparts like Shiba Inu (SHIB), the coin has demonstrated a significant surge in value, boasting a 6,761% increase over the past three months. This growth trajectory speaks volumes about the coin’s potential to challenge the dominance of other prominent players in the meme coin arena. The introduction of ‘PooperScooper’ is a testament to $BONK’s commitment to innovation and a strategic move to bolster its position in the cryptocurrency market. By continuously enhancing its offerings and focusing on user experience, $BONK is steadily carving out a niche among digital currency enthusiasts.
Long
by DEXWireNews
BONKUSD: More downside now but buy opportunity on the 1D MA200.Bonk is pivoting around the 1D MA50, on a neutral RSI = 47.450. Only a 1D MACD Bullish Cross constitutes a buy signal and we expect that to be near the 1D MA200 and the 0.382 Fibonacci level. We will buy once those conditions are fulfilled and target the -0.382 Fibonacci extension (TP = 0.000260), a +6.100% rise like the one from November to mid December. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BONKUSD
by InvestingScope
2
BONK Tokens and SOL Phones: Why the Surge in Solana?The tl;dr of the recent surge in CRYPTOCAP:SOL and $BONK is the Solana Phone Rebate - the potential for buyers to make more money than the initial asking price of $599. Once the token drop of 30M that came with each purchase exceeded the cost of the phone itself, it created a frenzy that has driven the price of both coins at once. The question is - will it last? Solana developers and core team members were airdropped enough tokens to make potentially millions if they manage to sell off at the right moment. This would be your classic rug-pull strategy, which the project is already known for due to past scandals. Or will things be different this time? Time will tell. 👀
CRYPTO:BONKUSDLong
by RyanTanaka