Bonk narxBONK

🚀 $BONK is following a 5-wave Elliott Wave pattern on the 30-minute chart, suggesting that a Wave 5 breakout could be in play. 📊 Step 1: Understanding the Elliott Wave Structure Elliott Wave Theory consists of five impulse waves, and BONK appears to be following this pattern: 1️⃣ Wave 1: Initial bullish surge, setting up the trend. 2️⃣ Wave 2: Corrective pullback, establishing the first retracement. 3️⃣ Wave 3: The strongest wave, showing a significant uptrend. 4️⃣ Wave 4: A smaller pullback, often before the final breakout. 5️⃣ Wave 5: The final bullish push, where traders watch for trend exhaustion or continuation. 📍 Currently, BONK is starting Wave 5, which could lead to new highs! 🔍 Step 2: Key Levels & Fibonacci Extensions 🪙 Wave 5 Targets: 1334 (1.0 Fib Extension) → First upside target. 1463 (1.618 Fib Extension) → If momentum is strong, this could be the extended Wave 5 peak. 📉 Support Levels: Holding this zone(1200) is crucial for keeping the Elliott Wave structure valid. Break below this level could invalidate Wave 5, leading to further correction. 🎯 Step 3: Bullish vs Bearish Scenarios ✅ Bullish Case (Wave 5 Confirmation): A strong breakout above 1254 confirms the bullish setup. If volume increases, Wave 5 could reach 1334 - 1463. Traders looking to ride the wave can enter on a confirmed breakout with stop-loss below 1200. ❌ Bearish Case (Invalidation of Wave 5): If price fails to break 1254 and drops below 1200, it could signal the end of the impulse wave. A break below this level could send price into a corrective ABC wave pattern, leading to lower support zones. 📌 Step 4: Trading Strategy & Risk Management 🔹 Entry Point: Buy on a breakout above 1254 with strong volume confirmation. 🔹 Stop-Loss: Below 1200 to manage downside risk. 🔹 Profit Targets: 1275 , 1300 , 1340 , 1400 #BONK is at a critical moment—if it holds structure, we could see a Wave 5 breakout soon. However, failure to maintain support could shift momentum to a correction phase.

BONK , one of the most hyped meme coins in recent history, has been on a rollercoaster ride. After experiencing massive spikes followed by deep corrections, traders are wondering: Can BONK price rally to $1 within the next 30 days? Let's dive into the latest price action, technical indicators, and market trends to assess BONK’s potential. Analyzing the daily chart, BONK has been consolidating after a prolonged downtrend. The current price hovers around $0.00001193, reflecting a 4.24% daily gain. Despite a recent uptick, the price remains significantly below its previous highs, indicating that buyers are stepping in but lack strong conviction. The Relative Strength Index (RSI) is currently at 43.53, suggesting that BONK is in neutral territory—not oversold but still below the critical 50 level that signals strength. This indicates that momentum is shifting but hasn't yet confirmed a full-blown reversal. BONK price has tested the $0.00001050 support level multiple times, making it a key zone to watch. If this level holds, we may see an upward trajectory toward resistance levels at $0.00001400 and $0.00002000. However, failure to hold this range could lead to another drop toward $0.00000900. A notable MACD crossover is forming on the daily chart, where the MACD line is attempting to cross above the signal line. This would be a bullish confirmation that momentum is shifting in favor of buyers. For BONK to see explosive growth, it must clear significant resistance levels: A strong close above $0.00001400 with high volume would confirm bullish intent. Realistically, BONK reaching $1 within 30 days would require an astronomical 8,385,000% increase from its current price—an impossible feat in such a short time frame. However, short-term gains of 100% to 200% are achievable if the current uptrend gains momentum. Several factors could influence BONK’s price action: While BONK price hitting $1 in 30 days is unlikely, short-term gains remain possible. The technical setup suggests that a breakout is forming, but confirmation above $0.00001400 is needed. Traders should monitor RSI, MACD crossovers, and volume spikes to gauge the strength of the next move.

🚀 Top performers in Top 100 ! The past 6 hours have been insane for the crypto space, with several top assets showing strong bullish momentum! ↗️ ✅ $XRP is making waves at $2.507 (+9.49%)—bulls are pushing hard! ✅ $LDO, $UNI, and $S are all up 7%+, signaling strong altcoin strength! ✅ $ENS & $BONK are also catching fire, with solid gains of 7.25% and 6.85%, respectively! ✅ $SOL is back in action at $133.62 (+6.30%)—is this just the beginning of another rally? 👀 The charts are looking mega bullish, and momentum is building across multiple sectors.

The bull market is exciting—prices are pumping, everyone is making money, and FOMO is at an all-time high. But this is where most people FAIL. Here’s why:   1️⃣ Chasing Green Candles– Buying after massive pumps usually leads to buying the top. Smart money buys early; retail buys late.   2️⃣ Ignoring Risk Management– Just because everything is going up doesn’t mean it will last forever. Take profits and secure your gains.   3️⃣ Overleveraging– The market rewards patience, not greed. High leverage can wipe out your portfolio in seconds.   4️⃣ Falling for Hype Coins– Every bull run brings meme coins with no real use case. Some will moon, but most will crash just as fast.   5️⃣ Thinking It Will Last Forever – Bull markets don’t last. The smart ones prepare for the bear market before it comes.   Don’t just focus on making money—focus on keeping it. Wealth is built by those who play the long game. Stay sharp!  $ETH $BTC $PEPE $WIF $NEIROETH $BONK

$BONK Bonk current price is $ 0.0000117, it has increased +7.98% over the past 24 hours.  Bonk All Time High (ATH) of $ 0.0000579 was reached on 20 Nov 2024, and is currently -79.8% down.  The current circulating supply of Bonk is 77.42 Trillions tokens, and the maximum supply of Bonk is 90.96 Trillions.  Bonk’s 24 hour trading volume is $ 129.41 Million.  Bonkcurrent share of the entire cryptocurrency market is 0.03%, with a market capitalization of $ 904.22 Million coming soon...... Boom🚀🚀🚀 Buy Now.......