After the initial launch on Binance, BONK has shown a lot of weakness. However, now that we're a few months later things have started to look better for the bulls.
After an initial push in February, BONK has now successfully broken out of a short-term bull-flag, making it more likely fur the bulls to keep the trend.
My idea is that BONK will likely go back towards the ATH value of around 4000. With a tight stop we can create a very decent trade with a R/R over over 14.
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