Today My crypto Alert - 3rd june , 2024

Hello, everyone.
i am crypto analyzer, Everyday i tried to share a some crypto coin. If anyone want to follow my signal, you can. i think you can benefit from my signal. so now i share my today's analysis..

#BONK/USDT ANALYSIS

BONK is currently experiencing a rebound from the support trendline of an ascending triangle pattern. However, the 21MA is acting as a resistance level above the price action. For a bullish confirmation, BONK needs to break out of both the ascending triangle and the 21MA.

Conversely, if BONK fails to maintain its position within the triangle and breaks down from it, this could signal a potential downward movement in its price. This pivotal moment will determine the next directional move for BONK.