BONK/USDT – Demand Zone Retest as Key Support

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BONK/USDT – Demand Zone Retest as Key SupportBONK / TetherKUCOIN:BONKUSDTCryptoNuclearCurrently, BONK/USDT is once again testing its major demand zone (yellow box), which has acted as a strong battleground between buyers and sellers multiple times since early 2024. This area now serves as the “last line of defense” before the price risks entering a deeper corrective phase. --- 🔑 Key Levels Main Support (Demand Zone): 0.0000227 – the decisive area. Bullish Targets (Step-by-step Resistances): 🎯 TP1: 0.0000273 🎯 TP2: 0.0000354 🎯 TP3: 0.0000524 Recent Local High: 0.0000622 --- 🐂 Bullish Scenario As long as price holds and rebounds inside the yellow demand zone, there’s a strong chance of a reversal bounce. Confirmation comes from a 3D bullish engulfing candle with strong volume. If BONK breaks above TP1, momentum could extend toward TP2, and eventually TP3, offering more than +130% upside from current levels. A new higher low structure would start forming, signaling a potential mid-term trend shift back to bullish. --- 🐻 Bearish Scenario If the 3D candle closes below the yellow demand zone, this support flips into a new resistance. A breakdown would open the door for BONK to revisit lower support levels from early 2024 consolidation. Bearish momentum could accelerate as trapped buyers inside the demand zone exit their positions. --- 📌 Technical Pattern & Market Structure The demand zone has historically acted as a reliable accumulation area, preventing deeper drops. Repeated sharp rejections at resistance suggest significant supply pressure above. In short, BONK is now in a “decisive range”: either it starts a new accumulation phase (bullish case) or breaks down into another bearish leg. --- 🎯 Trading Strategy Conservative Entry: wait for a confirmed 3D bullish close above the demand zone. Aggressive Entry: scale in within the demand zone, add more if bullish confirmation appears. Stop Loss: below the demand zone (~10–15% lower). Take Profit: scale out at TP1 → TP2 → TP3. Risk Management: never risk more than 1–3% of your capital per trade. --- 📝 Conclusion BONK is at a critical decision point. If the demand zone holds, there’s strong upside potential with staged targets up to +130%. But if it breaks down, the bearish trend regains dominance, exposing lower support levels. ⚖️ The market’s reaction at this demand zone will define the mid-term direction. Traders should wait for a 3D candle confirmation before committing to larger positions. #BONK #BONKUSDT #Crypto #CryptoTrading #TechnicalAnalysis #SupportResistance #DemandZone #Breakout #SwingTrading