🚨$BONK BONK ALERT: CONSOLIDATING AFTER A MASSIVE RALLY! 🚨
$BONK is currently trading at 0.00005082, down 2.59% in the last 24 hours. After reaching a recent high of 0.00006230, BONK has entered a consolidation phase as traders assess the next move.
Key Levels to Watch:
📈 Resistance: 0.00005444 – A breakout above this level could reignite momentum, pushing BONK toward 0.00006000 or higher.
📉 Support: 0.00004925 – Holding this level is crucial to prevent a drop back to 0.00004799 or lower.
Market Insights:
Post-Rally Consolidation: BONK is taking a breather after a strong bullish rally from 0.00001710.
Momentum Shift: Lower volumes suggest indecision among traders, making the next move critical.
📌 Action Plan: Watch for a breakout above resistance to confirm renewed bullish momentum. If support fails, brace for a potential pullback.