$BONK Technical Analysis Report
Based on the technical analysis of $BONK /USDT pair as of July 2, 2024, the price is currently trading around $0.00002604, showing an increase of 8.77% over the last 24 hours. The 24-hour high and low are at $0.00002698 and $0.00002337 respectively, with a trading volume of 3.95 trillion BONK and 100.58 million USDT. Short-term moving averages (MA) indicate a bullish trend, with MA(7) at $0.00002534, MA(25) at $0.00002349, and MA(99) at $0.00002235. The price is currently above MA(7) and MA(25), suggesting momentum favoring buyers. The Relative Strength Index (RSI) is at 90.00, indicating overbought conditions, and the MACD shows a strong bullish signal. Traders may consider the recent uptrend but should be cautious of potential profit-taking or corrections due to the high RSI. Long-term investors could monitor
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