$BONK Current Price Momentum  - CoinPedia Analytics

BONK is showing bullish signs on its daily chart and is gearing up for a potential significant rally. On September 27, 2024, BONK made a crucial breakthrough, surpassing a key resistance level and closing its daily candle above the 200-day Exponential Moving Average (EMA). Since then, the coin has been consolidating between $0.000024 and $0.000019.

Recently, BONK broke out of this consolidation phase, leaving no immediate resistance in its path. If BONK can close above the $0.0000248 level, there is a strong likelihood it will climb another 30%, potentially reaching $0.0000335 in the coming days.

The Relative Strength Index (RSI) also supports a continued upward trajectory, indicating that the meme coin still has room for growth. Investors should keep an eye on the next few daily closes, as BONK could deliver strong gains if current trends persist.