BONK is a bit unstable today. The trading volume on the 30-minute K-line surged by 82.1%, which is a significant anomaly that typically doesn't occur without reason.
The price is currently at 0.011937 USDT, approaching the key support level of 0.0118 (only 0.01% away), with the support zone stable between 0.011786-0.011863. Such a sharp increase in trading volume usually indicates that main players are accumulating positions, or a significant price movement is imminent.
If you're interested in going long, you can place orders around 0.0118 to build positions, with profit-taking targets at the resistance level of 0.012255 above. However, remember that increased trading volume is just a signal—you still need to closely monitor the chart for subsequent price movements. Keep a close eye on BONK's performance going forward, as such anomalies often signal opportunities.
BONK is a bit unstable today. The trading volume on the 30-minute K-line surged by 82.1%, which is a significant anomaly that typically doesn't occur without reason.
The price is currently at 0.011937 USDT, approaching the key support level of 0.0118 (only 0.01% away), with the support zone stable between 0.011786-0.011863. Such a sharp increase in trading volume usually indicates that main players are accumulating positions, or a significant price movement is imminent.
If you're interested in going long, you can place orders around 0.0118 to build positions, with profit-taking targets at the resistance level of 0.012255 above. However, remember that increased trading volume is just a signal—you still need to closely monitor the chart for subsequent price movements. Keep a close eye on BONK's performance going forward, as such anomalies often signal opportunities.