𝗣𝗿𝗼𝗳𝗶𝘁𝗶𝗻𝗴 𝗳𝗿𝗼𝗺 𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺 𝗘𝗧𝗙 𝗔𝗽𝗽𝗿𝗼𝘃𝗮𝗹𝘀: 𝗕𝗢𝗡𝗞 𝗣𝗿𝗶𝗰𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀

The Solana-based meme currency, BONK, has surged 35% this week, reaching a market value of approximately $2.1 billion and currently trading at $0.000032. Despite a recent dip, BONK has broken past the $0.000030 resistance level, indicating potential for further gains. The price faced resistance at this level twice before, but the breakout suggests a possible target of $0.000037, offering a 23% upside. A prudent stop-loss is set at $0.000028.

Ascending triangles, a bullish continuation pattern, imply that BONK's uptrend may persist. Swing traders could capitalize by buying at support and selling at resistance. Positive trends are evident across short, mid, and long-term horizons for BONK. The MACD line crossing above the signal line indicates bullish momentum, while the RSI-14 remains between 30 and 70, signaling that the price is neither overbought nor oversold.

Support levels are at $0.00002 and $0.000013, with resistance at $0.000037 and $0.000046 (a potential new all-time high). Bullish patterns and momentum suggest that BONK could soon challenge its previous ATH level.

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