🚨 $BONK /USDT Alert: Testing Key Support Amid Massive Sell-Off 🚨
$BONK has plummeted 15.38% to 0.00003195, losing momentum after failing to hold its 24-hour high of 0.00003799. The price is now testing its 24-hour low of 0.00002986, a critical support level where buyers may step in to stabilize the market.
📈 If this support holds, $BONK could rebound toward 0.00003349 and potentially retest resistance at 0.00003517, indicating a possible short-term recovery. Look for rising buying volume as confirmation of bullish momentum around this zone.
📉 On the flip side, a breakdown below 0.00002986 could trigger further declines, with the next target at 0.00002959. The intense sell-off highlights strong bearish pressure, so traders should remain cautious and use tight stop-losses to manage risks.
🔍 For those seeking to capitalize on volatility, focus on reversal signals or breakout confirmations near key support and resistance levels. BONK offers high-risk, high-reward potential – stay vigilant for the next decisive move.
