๐๐ข๐ก๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐จ๐ฝ๐ฑ๐ฎ๐๐ฒ: ๐ก๐ฎ๐๐ถ๐ด๐ฎ๐๐ถ๐ป๐ด ๐๐ณ๐๐ฒ๐ฟ ๐ฎ ๐ฎ๐ฌ% ๐๐ฟ๐ผ๐ฝ
Hey everyone! Letโs dive into the latest on BONK, the meme coin known for its wild moves. After reaching a new all-time high, BONK experienced a significant drop. Hereโs where things stand:
๐๐ป๐๐ฒ๐๐๐ผ๐ฟ ๐ฆ๐ฒ๐ป๐๐ถ๐บ๐ฒ๐ป๐ & ๐ข๐ฝ๐ฒ๐ป ๐๐ป๐๐ฒ๐ฟ๐ฒ๐๐:
- Open Interest dropped from $24 million to $16 million in 48 hours.
- Despite a positive funding rate, this decline signals bearish sentiment.
๐ฅ๐ฒ๐น๐ฎ๐๐ถ๐๐ฒ ๐ฆ๐๐ฟ๐ฒ๐ป๐ด๐๐ต ๐๐ป๐ฑ๐ฒ๐
(๐ฅ๐ฆ๐):
- RSI is above the neutral 50 line.
- The RSI ranges from 0 to 100, with overbought above 70 and oversold below 30.
- Currently, RSI suggests potential bullish momentum if it remains above 50.
๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐ฃ๐ฟ๐ฒ๐ฑ๐ถ๐ฐ๐๐ถ๐ผ๐ป:
- Mixed signals suggest sideways market movement.
- Likely to consolidate between $0.00003769 and $0.00003182.
- A breakout above $0.00003769 could push BONK to $0.00004000, potentially leading to a rally.
Stay tuned for more updates!
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