Technical analysis by Ily_SA about Symbol BONK: Buy recommendation (12/7/2024)

❗️ Entering a position in BBONK here!The chart is showing a spectacular setup. After struggling throughout the entire year of 2024, the price has finally broken through a key resistance level that previously acted as a ceiling for any upward movement. This resistance, which stood unbroken for months, has now been decisively breached.What makes this moment even more compelling is the textbook price action that is unfolding: the breakout is being followed by a retest of the same level. This retest confirms the strength of the breakout, as the former resistance is now turning into support—a bullish sign that often precedes a significant upward move.Based on this setup, I'm buying into this retest, anticipating that BBONK could rally further from here. The confluence of technical factors makes this an opportunity that cannot be ignored!JOIN OUR TELEGRAM CHANNEL FOR FREE SIGNALS WITH HIGH WIN RATE https://t.me/AFTechTradesJOIN OUR YOUTUBE COMMUNITY https://www.youtube.com/@Aftechtrades?sub_confirmation=1