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BONKUSDT trade ideas

BONKUSDT: Double Bottom Reversal or Breakdown Ahead?Yello, Paradisers! Are you watching BONKUSDT right now? Because what happens next at this critical support zone could either set up a massive bullish reversal or bring another wave of panic selling that traps impatient buyers. Let’s break down why this setup demands your full attention. 💎Right now, BONKUSDT is showing a healthy retracement after its recent moves, and the formation of a descending channel suggests a possible double bottom pattern could be in play. But here’s the catch — for this bullish scenario to play out, we need to see confirmation on the lower timeframes. Here’s what we’re watching closely: 💎If BONKUSDT gives us a bullish I-CHoCH (Internal Change of Character) on the lower timeframes within the current support zone, it will significantly increase the chances of a bullish breakout from this descending channel. This would be the first signal that buyers are stepping back in and preparing for a reversal. 💎However, if we see further retracement or even panic selling, don’t worry just yet. There’s a strong support zone below, where we can expect another potential bounce. But once again, we need bullish confirmation through an I-CHoCH in the lower timeframes to increase our probability of success. Without that confirmation, it’s best to stay cautious. 💎If BONKUSDT breaks down and closes a candle below the strong support zone, then our entire bullish idea gets invalidated. In this scenario, it’s better to stand aside and wait for a more reliable structure to form. No need to force trades — discipline beats FOMO every time. 💎It all comes down to patience and waiting for the right signals to line up. The lower timeframes hold the key, and as always, we must follow the price action, not get caught in emotions. Stay focused, Paradisers. Let the market show you the way — it’s all about timing and strategy. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
16
BONKUSDT UPDATEBONKUSDT is a cryptocurrency trading at $0.003342. Its target price is $0.005000, indicating a potential 60%+ gain. The pattern is a Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about BONKUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. BONKUSDT is poised for a potential breakout and substantial gains.
Long
by CryptoWithJames
$BONK consolidation is ending. Ready to pump again.SEED_DONKEYDAN_MARKET_CAP:BONK experienced a significant pump in November 2024 and has been consolidating since. It touched my refill zone at 0.00002500 and bounced from there. However, its MACD and RSI were showing signs of a significant bearish divergence. The correction appears to have bottomed out, with a MACD crossover on the 1D chart. This could indicate the potential for another upward pump. The green lines on my chart mark the possible resistance/support levels. DYOR!
Long
by CryptoNikkoid
5
BONK/USDT: Channel Breakout Signals Potential Wave Rally 1. Price Action - The asset is currently trading at 0.00003017 USDT - Clear descending channel formation (marked by yellow lines) from early January to mid-January 2025 - Recent breakout attempt from the upper boundary of the descending channel 2. Trend Analysis - Overall downtrend since early January - Formation of higher lows in recent trading sessions - Possible trend reversal signal with the channel breakout Here's a concise analysis of the BONK/USDT 4H chart: Technical Setup: - Price breaking out of descending channel (yellow lines) - Current price: 0.00003017 USDT - Clear bottom formation with higher lows Potential Targets: 1. 0.000035 2. 0.000040 3. 0.000045 Key Levels: - Support: 0.000025 - Breakout: 0.000030 - Stop Loss: Below 0.000024 Trend shows bullish reversal potential with a projected upward wave pattern. Watch volume for confirmation. Risk Management Note: Always use proper position sizing and consider the volatile nature of this asset. The projected path (green waves) represents a possible scenario but markets can behave unpredictably.
Long
by Supachai-Taechapisit
Bonkusdt trading opportunityBONK/USDT recently broke out of a well-defined symmetrical triangle, signaling a potential bullish continuation. The price has remained stable above the breakout zone, reinforcing the strength of this move. Our initial target aligns with the triangle’s measured move based on a 1:1 ratio, while the extended target area provides further upside potential. The key focus is on the accumulation zone highlighted on the chart, offering an optimal entry for those seeking to ride this trend. Given the asset’s volatility, it’s essential to trade cautiously and avoid excessive leverage. Let us know your thoughts on this setup! Our previous view on Bonk is here
by weslad
5
BonkThere are two things to review before we can enter a trade. Over social media, a lot traders are contemplating the idea that we should already be place our bids on the current level and that the trend would give at least 60% pump though here's the issue 1. Market structure on the daily has flip bearish. 2. Trend was unable to claim the previous lows and has come back in the range. I would suggest would two ways to enter. 1. Reclaim the previous low and make a market structure shift on the lower time frame to confirm the current dip was a deviation 2. See the trend on the new low The daily fvg gap is currently providing strong support for this trend.
by omshykh
4
BONK - Testing Critical SupportRight now BONK is slightly below its support trendline (lower white line). It is important to see price come back up and continue to close candles above that white line for the breakout to occur. If we can breakout above our upper white trendline then we could see price expand to the 0.000048-0.000052 level. But if we see price start closing candles below this support level, and retesting it as a level of new resistance then it could be a signal we have one more collapse coming. That collapse could lead us as low as the green trendline or even 1.618 breakdown target. Will update this post as price develops.
by VIAQUANT
1
BONK: Keep an eye on this level!If you're looking to trade BONK at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above $0.000034 and take profits at the levels shown in the chart. Targets: 1. $0.0000355 2. $0.000038 3. $0.000041 ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Long
by MBM_Crypto
13
BONK/USDT, Falling Wedge Breakout with Retest #BONK formed a Falling Wedge pattern on the BONK/USDT pair, which is typically a bullish formation. A breakout has already occurred, and the price is now retesting the upper trendline of the wedge. The area between 0.0000333 and 0.000032 appears to be a good entry zone for potential longs. If the retest holds, the price may aim for the expected target of 0.000046. However, confirmation of support around the retest level is crucial before entering a long trade. Keep an eye on the price action in this region and implement proper risk management strategies.
Long
by wolfchemist
BONKUSDT: Short-Term Investment OpportunityBONKUSDT: Short-Term Investment Opportunity Market Overview BONK is showing a promising setup on the H4 timeframe, with an accumulation zone between $0.000033 and $0.000035. This setup aligns with high-probability opportunities for short-term gains. Trade Plan 📌 Entry Point: $0.000033 - $0.000035 – Ideal accumulation range for positioning. 🎯 Target: 20-30% profit – Aligning with short-term market movements. ⏳ Hold Time: 3 days – Optimized for quick returns. Expand Your Watchlist In addition to BONK, similar coins with potential setups include: RAD PUNDIX OSMO PEOPLE FLOKI FIS Diversify your capital and monitor these coins closely for similar buy opportunities. 💡 Note: This is not financial advice. Always conduct thorough research and allocate capital wisely.
Long
by rainbow_sniper