WaveFibs

BONK 4-5 Setup

Long
WaveFibs Updated   
GATEIO:BONKUSDT   Bonk/Tether
Updated Bonk chart. Please check the BONK chart below. Thank you.
Trade active:
I'm beginning to scale out 25% of my position due to expected lower prices for BTC and altcoins. The Bonk price has now hit the next Fibonacci resistance zone and is nearing previous swing highs, which might offer some resistance. A break above the $0.x30 level could pave the way for the price to approach the ideal wave (5) target at $0.x35.