$BONK is on the rise, breaking through strong resistance levels.
Based on technical analysis of the BONK/USDT pair, Bonk Token (BONK) has surged by 21.23% and is currently trading at $0.00002518. The price is approaching the 24-hour high of $0.00002532, indicating strong bullish momentum.
For traders considering long positions, buying above $0.00002532 could target higher resistance levels.
However, caution is advised near the 24-hour low of $0.00002043. A drop below this support could signal a bearish reversal, necessitating a reassessment of positions. The high trading volume of 5.68T indicates strong market interest, suggesting potential for further upside.
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