Comprehensive BONK/USDT Analysis

75
Key Observations
Price Action:

Breakout from a downtrend; consolidating at 0.032–0.036 USDT.
Support: 0.026 USDT. Resistance: 0.036 USDT, then 0.045–0.050 USDT.
Volume Footprint:

Positive deltas (+269M, +70M) indicate strong buying pressure.
Volume spike near 4.37B signals market readiness for a breakout.
Key demand zone: 0.032–0.033 USDT.
Indicators:

RSI (~59): Moderate bullish momentum.
MACD: Bullish crossover.
Directional Index: Positive DI > Negative DI, showing rising bullish strength.
Scenarios
Bullish:
Action: Watch consolidation; breakout signals continuation to higher targets.

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.