DogeBonk

<ul><li>CryptoBusy&#39;s analysis reveals an 85.92% gain as BONK rebounds from key support levels.</li><li>Traders benefit from identifying crucial levels and optimizing entries and exit positions.</li><li>Backtesting, chart indicators, and risk awareness enhance successful trading strategies.</li></ul>CryptoBusy, a renowned crypto analyst, recently highlighted a significant trading opportunity with the <a href="https://cryptotale.org/bonk-inj-sol-and-icp-shine-amid-market-shifts/" rel="noopener noreferrer nofollow">BONK</a> token, which saw an impressive bounce from a key demand zone, resulting in an 85% gain. Market participants often seek to capitalize on critical levels of support and resistance to optimize their trade entries and exits.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/755b6edf0ae84ef7b4afc596cb6b8464.png" />The chart illustrates the price action of BONK against <a href="https://cryptotale.org/usdt-dominates-stablecoin-trade-with-12-5-billion-daily-in-2023/" rel="noopener noreferrer nofollow">USDT</a> in a 4-hour time frame, using the Heikin Ashi technique to smooth out price movements for better trend analysis. A clear uptrend is visible, where the price surged from a designated support level, marked as &#34;KEY LEVEL SUPPORT.&#34; The remarkable ascent from this support zone, as identified by CryptoBusy, aligns with the 85.92% increase mentioned in their commentary.Read full article a<a href="https://cryptotale.org/analyst-unveils-bonks-85-gain-through-key-support-surge/" rel="noopener noreferrer nofollow">t CryptoTale.</a>

Analyst Unveils BONK's 85% Gain through Key Support Surge

CryptoTale

Other articles published on Jan 11, 2024

$1B in Spot Trade Volumes and Debut Across Cboe, NYSE Arca, and Nasdaq in Historic Market Snapshot

Prediction Market dApp Zeitgeist Partners with Polkassembly to Boost Blockchain Governance

Bybit Exchange is Listing Magic Square’s SQR Token for Spot Trading

Analyst’s Crystal Ball: Bitcoin Price Targets $600,000 After ETF Approval

Binance’s Reserve Status and Challenges Amidst Turbulence

ETF Bitcoin Approved! The very first ETF makes its debut on the stock exchange on January 11

Join our free newsletter for daily crypto updates!