BONK analysis:
The price is currently forming a descending triangle pattern, which indicates an upcoming breakout. If the breakout happens upwards, the price will head towards the resistance area. On the other hand, if the breakout happens downward, the price will head towards the next support area. You can consider opening a small long position at the current support area, but make sure to use a tight stop loss.
Current Support Area: 1880-2120
Next Support Area: 1300-1400
Resistance Area: 2650-2800
