$BONK 's price chart shows strong bullish momentum, with a 2% gain in the last 24 hours and a 7.16% increase over the past week. The asset has demonstrated impressive growth, surging 31.35% in the last month and delivering a remarkable 69.68% YTD return.
Technical indicators support this bullish trend:
The EMA 50/200-day crossover suggests a positive market sentiment
MACD shows increased bullish action, indicating potential for further gains
Price Prediction:
If BONK maintains its price above the crucial support level of $0.00002125, we could see a push towards the resistance at $0.0000270. This represents a potential upside of about 20% from current levels.
Given the current technical setup, the bullish scenario seems more likely in the short term.
