BONKUSDT SPOT
Long
Updated

BONK/USDT Technical Analysis (12h timeframe)

334
This setup is based on a multi-factor method combining structure, RSI level, liquidity zones, and active narrative catalysts.

🧠 Method used:
• Identified a potential double bottom on strong historical support
• RSI < 40 on 12h TF → ideal zone for accumulation
• Price compression near key support levels
• BTC correlation checked (neutral to mildly bullish)
• Ongoing community narrative: BONK Arena (engagement + visibility)

🎯 Trade plan:
• Anticipated entry zone: 0.0000136 – 0.0000142
• Breakout confirmation: Above 0.0000150 with rising volume
• Stop-loss: 0.0000129
• TP1: 0.0000160 (+12%)
• TP2: 0.0000179 (+28%)
• TP3: 0.0000220 (+50%)

📌 Objective: short-term swing (1–2 weeks max)
Invalidation: close below 0.0000129 with confirmed volume.

Watching closely for a breakout trigger above 0.0000150.

Trade active
Everyone trades differently. Personally, I buy when the breakout is confirmed.

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