Expert opinion: Caution #BONK (from Coinsradar.net)

BONK is at a critical juncture as it attempts to break out of the downward channel, finding support from the 100-day MA and the 50-day MA – a positive sign for an impending bullish wave.

A small pullback is expected to gain the necessary momentum to break out of the downward resistance. Once the resistance is broken and the area is held, a sharp rise is expected, possibly surpassing the major resistance levels.

However, the market is volatile and caution is crucial.

If BONK fails to maintain momentum and falls below the key demand level of $0.00002073, this could signal a potential weakening of the bullish trend.

In this case, a rebound from the next key support level of $0.0000182 could be our lifesaver. 😍 Follow me! Get more expert opinions #内容挖矿