Lokesh Gupta
01-02-2024
$BONK's undergoes a 4% decline within 24 hours, putting support at $0.00001000 to the test amid increased selling pressure.
Examining the daily chart reveals #Bonk coin position within a Descending Triangle pattern.
Multiple instances of support are identified around the $0.0000100000 level on the daily chart.
A critical question emerges: Will buyers seize the opportunity, considering potential buying activity at the support?
Coingabbar analysis emphasizes that the prospect depends on the Bulls' ability to successfully maintain support at FIBO Levels.
According to Bonk Price Prediction, In the event of Bulls holding the support, achievable price levels include $0.0000180000 and $0.00002500.
KEY LEVELS :
RESISTANCE LEVEL : $0.000018000-$0.000025000
SUPPORT LEVEL : $0.000006000-$0.0000015000
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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