$BONK Breaks Out with a 9.61% Gain! 🚀

BONK has rallied +9.61% to $0.00004059, showing impressive strength in the market today. Let’s dive into the details:

Key Levels:

• 24H High: $0.00004421 – This recent high marks a key resistance level.

• 24H Low: $0.00003428 – A solid support that has held BONK above its previous lows.

• Volume: 14.18T BONK, indicating strong trading interest and momentum.

Technical Analysis:

• MA(7) at $0.00004021 – BONK is currently trading above the 7-period moving average, showing short-term bullish momentum.

• MA(25) at $0.00003871 – Provides solid support, strengthening the uptrend.

• MA(99) at $0.00003137 – Long-term trend support remains intact, with BONK holding above this level.

Market Insights:

After hitting a low of $0.00003101, BONK has steadily climbed, breaking through key MAs and showing potential for continued upward movement. The recent volume surge reflects renewed interest, adding fuel to the rally.

What to Watch:

• Bullish Scenario: A push above $0.00004421 could open the door for BONK to target new highs.

• Bearish Scenario: If it dips below the MA(7) and MA(25), a re-test of $0.00003428 may provide a solid re-entry for buyers.

Keep an eye on BONK as it seeks to capitalize on this bullish breakout! 📈