BONK / TetherUS

BONK Uptrend

515

Price is finishing blue wave 3 of an upside movement. Price is currently very overbought, so I don't consider this a good level for long trades.

I'll wait for wave 4 correction. A test of green support would be ideal to look for long trade opportunities.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.