Is it a time for BONK? 40% potential profit - 0.035 USD TARGET

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Is it a time for BONK? 40% potential profit - 0.035 USD TARGET1000BONK / TetherUS PERPETUAL CONTRACTBINANCE:1000BONKUSDT.PdarksignalOn the 4-hour chart of the 1000BONK/USDT pair, we can observe a corrective phase following a strong prior bullish impulse, which peaked around the 0.041 USDT level. Currently, the price is in a consolidation zone after a sharp downward move, but there are early signs of a potential trend reversal. Key observations: Support and rebound: The price has stabilized around the 0.012 level and is starting to form a local bottom, which may suggest exhaustion of selling pressure. Moving Averages (MA): The price is attempting to break above the short-term moving average (green line), which could signal the beginning of a trend reversal. A break above this level and a test of the longer-term moving average (red line) in the 0.018–0.020 range would be an important bullish confirmation. Momentum (bottom indicator – WaveTrend/WT): The WT oscillator indicates oversold conditions (below -50), and the lines are starting to curve upward, which often precedes upward moves. Bullish scenario: If the current consolidation proves to be an accumulation phase and the price breaks through the nearest resistance in the 0.018–0.020 range, a move toward 0.035 is possible. This level corresponds to a previous consolidation zone and acts as a local resistance area. Such a move would align with a technical rebound following the strong decline and would represent a retest of the equilibrium zone from the end of July. Potential TP: 0.035 USD