๐Ÿš€ Bonk Price Surge: Can It Sustain? ๐Ÿš€

๐Ÿ”น Bonk (BONK) Price Update

๐Ÿ’ฅ +10% in the last 24 hours

๐Ÿ’ฐ Trading at $0.00003317

๐Ÿ“ˆ Volume jumped 28% to $926 million

๐Ÿ”น 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.

โš–๏ธ Resistance Level: $0.00003468 (50-day SMA)

๐Ÿ“‰ Support Level: Lower boundary of the channel.

๐Ÿ”น Key Indicators

๐Ÿ“Š RSI at 52.75 โ€“ Neutral zone, indicating balanced buying and selling.

๐Ÿ“‰ MACD shows a bullish crossover but with weak momentum.

โš ๏ธ Death Cross: 50-day SMA below 200-day SMA, signaling a bearish trend.

๐Ÿ”น Whatโ€™s Next for Bonk?

๐Ÿ”ผ Bullish: A break above $0.00003468 could push the price to $0.00004249.

๐Ÿ”ฝ 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! ๐Ÿ’ฅ

#Bonk #CryptoAnalysis

#MarketPullback #MarketCorrectionBuyOrHODL?