If bonk validates the channel breakout here target = .00003736
The previous daily candle closed with he top trendline of the channel as support and now the current candle is seeing a bullish impulse suggesting the tp trendline has been flipped to solidified support and that it could already potentially be validating the breakout. I’ve seen bigger fakeouts than this before so I’m not ready to say the breakout is confirmed jsut yet but so far probability is favoring it. *not financial advice*
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Click play and you can see bonk held the trendline like a champ and is likely now validating the breakup and finally heading to the target.
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Target hit! 16 days ago in fact.