Memecoins DOGE, PEPE and BONK: Entry Point Review After Market Dip
Memecoin traders don dey look fresh entry points for Dogecoin (DOGE), Pepe (PEPE) and Bonk (BONK) after market shake recent. DOGE fall past im initial buy zone, find support for $0.19, near 0.618 Fibonacci level; e fit test $0.17 for 0.786 Fibonacci level if Bitcoin face another flush. PEPE still dey for im green buy box, dey hover near 0.786 Fibonacci and fit drop to $0.00000917 if broader markets weak. BONK hit im buy box floor well well for 0.786 Fibonacci and price structure support, wey make am do bullish bounce; but 4-hour Stochastic RSI drop fit make am do local retest before e fit surge. Traders suppose dey monitor Fibonacci levels, set tight stop losses and dey watch how Bitcoin react to confirm. Dis technical analysis show memecoin wahala and clear support zones to time entry well.
Neutral
Di report talk say memecoins DOGE, PEPE plus BONK get possible risk to go down and also get chance to turn to better trend. DOGE and PEPE fit still dey drop, but BONK strong for fib support level. When signals mix, e mean say market fit rest small instead make one trend proper. Similar payment wey happen for 2021 make memecoins calm down before dem continue to waka anyhow. For short time, traders fit see price waka e back and forth as dem dey check important levels. For long time, if dem hold ground for big Fibonacci support, e fit start fresh rally if Bitcoin find momentum again. Overall, the mix of good and bad signs show say market fit steady no go up or down sharply.