Currently, the BONK coin is testing an important support level after a downward trend. If you are considering buying it, it's advisable to wait until it breaks above the downtrend line. This would provide two confirmations: the support level and the breakout from the trendline. Please be cautious with your decision, as it is a meme coin and can be highly volatile.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.