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Good Morning guys, dyor 🫶
$BONK
Key points from the chart analysis:
1️⃣ Retest Confirmed: The price has confidently tested the support zone, reinforcing its strength.
2️⃣ Healthy Consolidation: No sharp downward moves, indicating market stability.
3️⃣ Strong Support: The $0.000032 level is under buyers’ control, forming a solid base for the next rally.
🟢 Why This Matters
Technical Outlook: A bullish pattern suggests potential upward movement. Resistance, previously seen in the purple zone, is now acting as support.
Psychological Factor: Year-end typically sees increased investor activity, which could act as a growth catalyst.
Target Levels: If the current zone holds, the next target is a breakout above $0.000045, with room for further upside.
✅ Conclusion
The chart looks promising for a mid-term perspective. Buyers are already stepping in, and additional liquidity during the holiday season could fuel a significant rally 135 replies
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