#bonk Here is a technical analysis:

1. Current Price Situation

Last Price: $0.00005008

Maximum in 24h: $0.00005444

Minimum in 24h: $0.00004906

Current Trend: Price is showing a bounce from the daily low and is attempting to break above key resistances.

2. Technical Indicators

Moving Averages (MA):

MA(7) (yellow): $0.00004967

The price is above this average, indicating that there is positive momentum in the short term.

MA(25) (pink): $0.00004971

It is also above this average, which reinforces the recovery.

MA(99) (purple): $0.00005049

This is a key resistance to overcome in order to consolidate a medium-term bullish movement.

KDJ (K, D, J):

Current Values: K = 80.72, D = 63.16, J = 115.85

The KDJ indicator shows a strong bullish signal, but with J at elevated levels, which could indicate that it is entering the overbought zone.

3. Volume

Volume has increased during the bounce, which supports the current rise. This is a good indicator that the price could continue to rise in the near term.

4. Key Supports and Resistances

Immediate Resistance: $0.00005049 (MA(99)): Breaking through this level would open the way towards $0.00005168.

$0.00005444: Recent 24h high.

Key Supports: $0.00004971 (MA(25)): Acts as immediate support.

$0.00004906: Critical support as it is the recent daily low.

5. Recommended Strategy

To Buy:

Conservative: Expect a clear break above $0.00005049 with an increase in volume.

Aggressive: Buy now and place a stop-loss below $0.00004906 to limit risk.

To Sell:Take Profit:Consider selling partially if the price reaches $0.00005168 or more.

Protection: Sell if price drops below $0.00004906 on high bearish volume.

6. Price Projection

Short Term (Hours/Days): If the price breaks $0.00005049, it could move towards $0.00005168 and potentially $0.00005250.

If it loses $0.00004906, it could move back towards $0.00004850.

Medium Term (Weeks): If the positive momentum continues, BONK could retest recent highs around $0.00005400.

7. Conclusion: BONK is showing positive signs with a bounce from the key support. Breaking above $0.00005049 will be crucial to confirm the bullish continuation. However, the overbought zone on the KDJ suggests that the upside move could be limited without significantly increased volume.

It is not investment advice, if it helps you follow me