BONK's recent volatility has indeed created many opportunities for contract traders. The 24-hour trading volume reached 840 million USDT, so there's no need to worry about liquidity.
From a technical perspective, there are currently two clear trading ranges. The bullish accumulation point is around 0.01142 — supported by the MA25, with a stop loss set at 0.01090. The bearish opportunity lies around 0.01290, which was a previous resistance level. If you see signals like long upper shadows, you might consider taking a small short position to test the pullback, aiming to profit from the rebound and subsequent decline.
Both sides have opportunities; ultimately, it depends on how the market chooses its direction.
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OneBlockAtATime
· 11h ago
8.4 billion in liquidity is real, but how long can this data last?
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PumpDetector
· 01-06 19:49
nah mate, been reading charts since mt. gox... this 0.01142 support setup screams trap honestly 🤔 whale games imo
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MysteryBoxOpener
· 01-05 00:54
A trading volume of 840 million dollars, the liquidity is indeed off the charts. No need to worry about slippage or anything.
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AirdropHarvester
· 01-05 00:54
A trading volume of 840 million, it seems promising. There is indeed room for manipulation in this move.
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LiquidationWizard
· 01-05 00:51
Trading volume of 840 million, indeed a hot commodity, but worried that a big bearish candle overnight might wipe it all out.
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GhostChainLoyalist
· 01-05 00:51
The 840 million trading volume is acceptable, but I'm worried it might just be the same old sideways market torture again.
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LayerZeroJunkie
· 01-05 00:45
8.4 billion USDT in liquidity is indeed impressive, but I still can't quite see through this wave of market行情.
BONK's recent volatility has indeed created many opportunities for contract traders. The 24-hour trading volume reached 840 million USDT, so there's no need to worry about liquidity.
From a technical perspective, there are currently two clear trading ranges. The bullish accumulation point is around 0.01142 — supported by the MA25, with a stop loss set at 0.01090. The bearish opportunity lies around 0.01290, which was a previous resistance level. If you see signals like long upper shadows, you might consider taking a small short position to test the pullback, aiming to profit from the rebound and subsequent decline.
Both sides have opportunities; ultimately, it depends on how the market chooses its direction.