$BONK has made a powerful impulsive move, breaking out aggressively from its base.



The recent pullback appears to be profit-taking after a sharp rally, not a breakdown. Momentum is still strong, but volatility is high, so sharp candles are expected.

If price holds above the breakout zone, continuation remains likely. This is strength, but risk management matters with moves this fast. ‌
BONK-0,1%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)