Strong rebound, ready to go! Can BONK create another glory?
With MEME coins filling the position of top performers, will BONK reach $0.000041 in October this year?
From the daily chart, BONK's price trend is quite impressive. It turned over directly from the quagmire of decline and made a beautiful reversal rebound. Last night, it rose sharply by 8.59%, which is simply a rhythm that breaks through the sky! Moreover, it has successfully broken out of the previous falling channel pattern, which is really impressive.
In the past seven days, BONK has played a double bottom reversal game, soaring from $0.000001917 to $0.000002395, an increase of 25%! This is not over yet, it has also formed an ascending wedge pattern, which looks like it is ready to go and is ready for another wave.
From the technical indicators, both MACD and signal lines give bullish signals, which is like giving us a reassurance. Everyone thinks that this bull market may continue to burn, and the price of BONK may try again near the 50% Fibonacci level of $0.0000025, and then rebound more violently.
If this is the case, BONK will break through the peak of the downward channel of $0.000041, which is just around the corner! An analyst named ASTEKZ also thinks so. He also gave several higher target prices, such as $0.0000035, $0.0000048, and even $0.0000070!
The copycat is ready to move. I plan to ambush a potential coin that is ready to explode. It is still very easy to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. It is no problem to expect more than 10 times the space. If you like spot or contracts, follow me and keep up with my pace.
