BONK MEME COIN LONG IDEA - Solana Memecoin Trend
BONK is a popular Solana meme coin and is gaining attention amid the ongoing meme coin trend, so it’s worth keeping an eye on.
Technical Analysis: BONK recently broke out of a bearish trendline, retested it, and appears to be consolidating here. I believe we could see strong upward momentum soon. The price has also recently broken a larger bearish trendline, created a weekly demand zone, run daily liquidity, and reached a daily demand level, followed by a strong breakout.
I'm already in this trade and would consider adding more if the price retests and reacts at the trendline.
Please note the tight stop-loss on this trade and adjust your risk accordingly.
SL: 0.020847
TP1: 0.0305
TP2: 0.0339
TP3: 0.0357
After reaching TP1, I'll move my stop-loss to breakeven, and I suggest you consider doing the same.
Technical Analysis: BONK recently broke out of a bearish trendline, retested it, and appears to be consolidating here. I believe we could see strong upward momentum soon. The price has also recently broken a larger bearish trendline, created a weekly demand zone, run daily liquidity, and reached a daily demand level, followed by a strong breakout.
I'm already in this trade and would consider adding more if the price retests and reacts at the trendline.
Please note the tight stop-loss on this trade and adjust your risk accordingly.
SL: 0.020847
TP1: 0.0305
TP2: 0.0339
TP3: 0.0357
After reaching TP1, I'll move my stop-loss to breakeven, and I suggest you consider doing the same.
Trade fermée: cible de profit atteinte
All targets hit! Money printed. 
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.