$BONK / USDT Analysis - Stuck in the Doghouse? 🐶

The Solana-based memecoin is caught in a clear range, waiting for its next catalyst. Will it break up or break down?

The Technical Snapshot:
📍 Price: ~$0.00002750
📊 MAs: Compressed, reflecting the lack of a clear trend.
📊 RSI: Smack in the middle at ~50. Perfect balance between buyers and sellers.
➡️ MACD: Waffling around the zero line. No conviction.
🔄 Trend: Ranging / Consolidating.

Key Levels to Watch:
🛑 Support: $0.00002200. The floor of the range. Hold here for bounce potential.
🎯 Resistance: $0.00003200. The ceiling of the range. Break for continuation.

Trading Outlook:
🐢 Conservative: Wait for the resolution! Let the price break and close above $0.000032 or below $0.000022 before committing.
🐆 Aggressive: Trade the range. Buy near $0.00002350 support and sell near $0.00003200 resistance.

The Bottom Line: BONK's fate is tied to both the general memecoin vibe and the strength of the Solana ecosystem. Watch $SOL for clues. This is a volatility coil waiting to spring.

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