
$1000BONK is showing strong demand after a $7.5782K short liquidation at $0.00314.
The bullish setup becomes stronger if price reclaims $0.00314 and holds above the level.
Support
$0.00314
Resistance
$0.00314
Next target
$0.00314
Pro tip
A sustained hold above $0.00314 would strengthen the bullish breakout structure.
EP
$0.00314
TP
$0.00314
SL
Below $0.00314
The short liquidation suggests aggressive buying pressure near this zone. Watch for continued momentum above $0.00314 for bullish confirmation.
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