Bonk
Long

BONK Price Channel Breakout Signals Massive Upside Potential

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.
Chart PatternsTechnical IndicatorsTrend Analysis

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