Current Price: BONK trading above $0.000025 after a 12% surge. Channel Breakout: Bullish reversal leads to a significant channel breakout. Massive Candle: Formation of a massive bullish engulfing candle. Trend Momentum: Increased momentum following the channel breakout. 50% Fibonacci Level: Potential to challenge the $0.000032 mark shortly. MACD Bullish Crossover: Positive crossover in MACD and signal lines supports the upcycle. Support Trendline: Upcycle starting from the long-term support trendline. Previous Peak Target: Potential to reach previous peak above $0.000050. Psychological Mark: Targeting the significant psychological mark of $0.000050. 1.618 Fibonacci Level: Upside target at $0.00008321 according to Fibonacci levels.
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