#BTC

#BONK
🚀🔥✅$BONK price analysis from current trend and market data sentiments.

✅🔥 Figure-1 chart displays that if $BONK fails to break resistance of descending channel then the price may dump but still remains within the channel and it is possible BONK will rebound from support of the channel. Bounce from support may be quite strong and it may break the upper resistance of the descending channel and price continue to move upward. $BONK already rises 150% approx. within the range of descending channel from the recent dump of the market.

✅🔥 Figure-2 shows that $BONK is testing resistance zone of descending channel in 1D time frame. If it breaks the current resistance successfully then it may possibly retest the support zone, after which the price will possibly continue upward movement with a range of $0.0001-0.00012. Thus stay calm and understand the current sentiments and correction of the market. This bull run shows dedication of the crypto community towards the meme coins

✅🔥 Spot buyers need to wait as it seems that they will get opportunity for suitable entry, if they bought at higher price then wait for $BONK to comes around the center or lower zone of the descending channel and then may do DOLLAR COST AVERAGE and HODL for reward. It is also an observation from data and market cap analysis that BONK will do at least 7-10x easily during the bull market.

📝PLEASE PRESS FOLLOW if you like and agree with the idea and want more information about other crypto currencies. DYOR for financial activities. This information is only for learning and education purposes. Thank you.
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