Bias: Neutral-Bullish
Description: BONK token's chart indicates a consolidation pattern forming, with potential bullish divergence noted on the RSI. The price is hugging the SMA (24), suggesting indecision but with possible upside if supported by volume.
Direction: Potential Upward (Conditional)
Entry: Consider entry on a confirmed breakout above the recent downtrend line, accompanied by increased volume, for validation.
Stop Loss: A tight stop loss could be positioned below the most recent lower support level to mitigate risk.
Targets: Conservative targets could be set at incremental resistance levels, with an optimistic target aiming for previous highs.
Caution: This setup requires confirmation due to the token's current consolidation. Keep an eye on market sentiment and news that could affect BONK's price action. Monitor closely for any sign of trend reversal, and be ready to adjust the plan accordingly.
Description: BONK token's chart indicates a consolidation pattern forming, with potential bullish divergence noted on the RSI. The price is hugging the SMA (24), suggesting indecision but with possible upside if supported by volume.
Direction: Potential Upward (Conditional)
Entry: Consider entry on a confirmed breakout above the recent downtrend line, accompanied by increased volume, for validation.
Stop Loss: A tight stop loss could be positioned below the most recent lower support level to mitigate risk.
Targets: Conservative targets could be set at incremental resistance levels, with an optimistic target aiming for previous highs.
Caution: This setup requires confirmation due to the token's current consolidation. Keep an eye on market sentiment and news that could affect BONK's price action. Monitor closely for any sign of trend reversal, and be ready to adjust the plan accordingly.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.