๐ Bonk Price Surge: Can It Sustain? ๐
๐น Bonk (BONK) Price Update
๐ฅ +10% in the last 24 hours
๐ฐ Trading at $0.00003317
๐ Volume jumped 28% to $926 million
๐น Market Overview
Bonk's price has been caught in a falling channel after an initial bullish rally. The upward momentum met resistance at $0.00005707, leading to a correction.
โ๏ธ Resistance Level: $0.00003468 (50-day SMA)
๐ Support Level: Lower boundary of the channel.
๐น Key Indicators
๐ RSI at 52.75 โ Neutral zone, indicating balanced buying and selling.
๐ MACD shows a bullish crossover but with weak momentum.
โ ๏ธ Death Cross: 50-day SMA below 200-day SMA, signaling a bearish trend.
๐น Whatโs Next for Bonk?
๐ผ Bullish: A break above $0.00003468 could push the price to $0.00004249.
๐ฝ Bearish: Failure to hold support could bring the price back to $0.00003000.
As Bonk fights to recover, Solaxy (SOLX) is attracting attention, with predictions of a 100x surge after launch! ๐ฅ