🚀 BONK/USDT – Bullish Continuation Setup Forming! 📈
BONK has been moving beautifully inside a well-defined ascending channel on the 4H timeframe, respecting both structure and momentum.
After a strong push to the upper mid-range, price is now cooling off — which looks like a healthy pullback rather than weakness. If the lower trendline support holds (around 0.00002380–0.00002420), we could be gearing up for the next leg higher! 🔥
🧠 Key Technical Highlights:
✅ Trend: Clearly bullish – riding within a rising channel
✅ Current Setup: Possible retest of channel support zone
✅ Structure-Based Target:
TP1: 0.00002700 (mid-channel reaction)
TP2: 0.00003000–0.00003150 (major resistance zone)
🛡️ Invalidation: A clean break below channel (~0.00002300) would invalidate the bullish bias.
🔍 Levels to Watch:
Support Zone: 0.00002380 – 0.00002420 (ideal long entry zone)
Major Resistance: 0.00002980 – 0.00003150 (target zone)
Demand Zone Below: 0.00001700 (if structure fails)
📌 Summary:
This setup looks promising for a trend continuation — as long as the channel structure is respected. Watching closely for a potential bounce at the lower boundary. This is where smart money often steps in. 🚀
👍 Liked the setup? Smash that “Like” & drop your thoughts below!
🐦 Real‑time charts & scalps → Follow on X: @Ali15349323
🔔 Hit “Follow” on TradingView for more high‑probability plays.
*Not financial advice – educational content only.
BONK has been moving beautifully inside a well-defined ascending channel on the 4H timeframe, respecting both structure and momentum.
After a strong push to the upper mid-range, price is now cooling off — which looks like a healthy pullback rather than weakness. If the lower trendline support holds (around 0.00002380–0.00002420), we could be gearing up for the next leg higher! 🔥
🧠 Key Technical Highlights:
✅ Trend: Clearly bullish – riding within a rising channel
✅ Current Setup: Possible retest of channel support zone
✅ Structure-Based Target:
TP1: 0.00002700 (mid-channel reaction)
TP2: 0.00003000–0.00003150 (major resistance zone)
🛡️ Invalidation: A clean break below channel (~0.00002300) would invalidate the bullish bias.
🔍 Levels to Watch:
Support Zone: 0.00002380 – 0.00002420 (ideal long entry zone)
Major Resistance: 0.00002980 – 0.00003150 (target zone)
Demand Zone Below: 0.00001700 (if structure fails)
📌 Summary:
This setup looks promising for a trend continuation — as long as the channel structure is respected. Watching closely for a potential bounce at the lower boundary. This is where smart money often steps in. 🚀
👍 Liked the setup? Smash that “Like” & drop your thoughts below!
🐦 Real‑time charts & scalps → Follow on X: @Ali15349323
🔔 Hit “Follow” on TradingView for more high‑probability plays.
*Not financial advice – educational content only.
Disclaimer
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.
Disclaimer
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.