✴️ Bonk Ultra Bullish But... Grows 19,980% In 64 Days (+ Target)

This is way bigger and better than anything we experienced in the past. Just a few months ago, together with the rest of the Altcoins market, BONKUSDT was producing humongous numbers.

Between October and December 2023, BONKUSDT grew by an astonishing 19,980%.
After only a little over two months of ultra-bullish consolidation, it is going at it; again.

➖ BONKUSDT bounced perfectly off EMA100 and has been printing multiple days green on rising volume.

I would normally say that I look for those pairs that are trading low/near support, because once they are high up the risk is too strong but 99.99% of the people looking at this chart surely won't care. Make sure to do your own research, planning and define your own risk. What would you do if prices drop rather than go up? Will you hold and if yes, for how long? Etc.

Based on the trend-based Fib. extension numbers we have two main targets to the upside, they go as follows:

1) 0.00006569 (216%)
2) 0.000100516 (375%)

The yellow space on the chart, matching the 0.786 Fib. retracement level and EMA300 is a strong support range.

High potential for reward with even higher risk. In fact, the risk is so high that is not even worth it as this point. There are hundreds if not thousands of pairs that offer the same potential for reward but with minimum risk... The choice is yours.

Bonk Is Ultra Bullish But, It Already Grew by 19,900%+.

Thank you for reading.

Namaste.

הערה:

+119% so far... This one grew fast but there is room for additional growth.