💰#BONK/USDT

🔼 LONG

✳️ ENTRY - 32000 , 30900

🎯 TARGETS - 32200 , 32450 , 32700 , 33500 , 35000 , 40400

🀄️ LEVERAGE - 15x

🔴 STOPLOSS - 29640

BINGX |  BITGET | BINANCE

💯 TRADING PLAN

💰#BONK/USDT

🔼 LONG

✳️ ENTRY - 28360 , 27640

🎯 TARGETS - 28500 , 28720 , 28900 , 29300 , 29800 , 32000

🀄️ LEVERAGE - 20x

🔴 STOPLOSS - 26457

ByBit | BingX | BITGET

💯 TRADING PLAN

🚀 $BONK is following a 5-wave Elliott Wave pattern on the 30-minute chart, suggesting that a Wave 5 breakout could be in play.


📊 Step 1: Understanding the Elliott Wave Structure

Elliott Wave Theory consists of five impulse waves, and BONK appears to be following this pattern:
1️⃣ Wave 1: Initial bullish surge, setting up the trend.
2️⃣ Wave 2: Corrective pullback, establishing the first retracement.
3️⃣ Wave 3: The strongest wave, showing a significant uptrend.
4️⃣ Wave 4: A smaller pullback, often before the final breakout.
5️⃣ Wave 5: The final bullish push, where traders watch for trend exhaustion or continuation.

📍 Currently, BONK is starting Wave 5, which could lead to new highs!


🔍 Step 2: Key Levels & Fibonacci Extensions

🪙 Wave 5 Targets:

1334 (1.0 Fib Extension) → First upside target.

1463 (1.618 Fib Extension) → If momentum is strong, this could be the extended Wave 5 peak.


📉 Support Levels: Holding this zone(1200) is crucial for keeping the Elliott Wave structure valid.

Break below this level could invalidate Wave 5, leading to further correction.


🎯 Step 3: Bullish vs Bearish Scenarios

✅ Bullish Case (Wave 5 Confirmation): A strong breakout above 1254 confirms the bullish setup.

If volume increases, Wave 5 could reach 1334 - 1463.

Traders looking to ride the wave can enter on a confirmed breakout with stop-loss below 1200.


❌ Bearish Case (Invalidation of Wave 5): If price fails to break 1254 and drops below 1200, it could signal the end of the impulse wave.

A break below this level could send price into a corrective ABC wave pattern, leading to lower support zones.


📌 Step 4: Trading Strategy & Risk Management

🔹 Entry Point: Buy on a breakout above 1254 with strong volume confirmation.
🔹 Stop-Loss: Below 1200 to manage downside risk.
🔹 Profit Targets: 1275 , 1300 , 1340 , 1400


#BONK is at a critical moment—if it holds structure, we could see a Wave 5 breakout soon. However, failure to maintain support could shift momentum to a correction phase.

$BONK 2Hr Chart – Wave 5 Breakout 🚀

Price just wrapped up a Elliott Wave (1–2–3–4) formation and is now entering the critical Wave (5) zone, where price discovery can get explosive 💥


Wave Structure Analysis

✅ Wave (1) to (3) formed a clean impulsive leg — strong volume with healthy corrections.

✅ Wave (4) pulled back in a controlled manner, perfectly retracing into Fibonacci zones, setting the stage for Wave (5).

Now we're watching Wave (5) unfold, and early signs are promising.


Projected Targets for Wave (5)

🔼 1.036 extension: 0.000020028 – key resistance level where short-term traders may start trimming.

🔼 1.618 extension: 0.000022232 – extended Wave 5 target if momentum accelerates (typically happens in meme-driven rallies).


If BONK dips, these are your high-confluence bounce zones:

🟡 0.382 Fib: 0.000018528

🟣 0.5 Fib: 0.000018042

🔴 0.618 Fib: 0.000017600 – must hold zone to keep bullish momentum intact.


1. Bullish Scenario - If price holds above the 0.382–0.5 zone and volume spikes near 0.0000200, expect a blow-off move to 0.0000222.

Meme coin rallies often overshoot — this zone aligns with historical #BONK pump structures.


2. Bearish Scenario - If 0.000017600 breaks with volume, Wave (5) may truncate early. Price could revisit the base of Wave (4), stalling the impulse.

BONK’s recent structure mirrors past meme coin breakouts — strong early impulse, controlled corrections, and then a FOMO-fueled Wave 5 rally. This is typically when retail joins late — and volatility surges.

Perfect setup for short-term scalps or layered TP zones. Risk-reward still favorable as long as 0.0000176 holds.

📣 Stay sharp. BONK could either go full beast mode or offer a juicy retracement entry before launch.

$BONK Hits 1.036 Fibonacci Target! 🚨

Price just smashed through the 1.036 extension zone at 0.000020028, and it's now trading around 0.000020450! 🔥

The wave (5) rally is in full swing, and if momentum continues, the next Fibonacci target is sitting at 1.618 = 0.000022232 👀


✅ Wave (3) and (5) are in solid Elliott structure
✅ Pullbacks held support near 0.382 and 0.5 Fib retracement
✅ Volume increasing on each leg — bullish confirmation


➡️ Breakout above 0.00002080 could trigger a run toward 0.0000222
➡️ Support zone: 0.00001850 – 0.00001800
➡️ Weakness below 0.00001760 would invalidate this bullish count

Momentum is with the memecoins, and #BONK might just be the wild card leading this wave!

$BONK Wave 5 Completed ⁉️

Price just nailed the 1.677 Fibonacci extension at 0.000022454, marking a textbook completion of wave (5) on the 2H chart. Now trading at 0.000022295, BONK is flashing signs of a short-term corrective phase.

🔹 Wave (5) reached peak extension – classic wave completion zone
🔹 Initial pullback already underway, hinting at an ABC correction
🔹 Watch these retracement levels closely:
• 0.382 – 0.000020027
• 0.5 – 0.000019277
• 0.618 – 0.000018527


Correction or Continuation?
If buyers defend the 0.00002000 zone, #BONK could rebound and continue its uptrend toward higher extensions.
But a break below 0.00001850 opens room for deeper consolidation.

Conclusion - This isn’t panic—it’s profit-booking and pattern-respecting movement. If you're already in, consider partial exits or trailing SLs. If you’re looking to enter, keep eyes on the 0.5–0.618 Fib zone for high-probability bounce setups✔️