The analysis focuses on BONKUSDT, identifying a five-wave move up from the June low. A third wave is expected to reach the 138% extension level, targeting 0.000049672. The analysis remains valid as long as the price holds above the August low. The analyst sees short term target at 0.000049672. VRVP indicator indicates possible resistance around 0.00003396. The August low is acting as key support. Breaking above the wave one high could signal next leg up but a deeper pullback is preferred to test bullish strength. Trading strategy hinges on Bitcoin's movements. Failure to maintain August low invalidates analysis.