BONK is Waking Up: Ready for a Bounce or Another Dip? đ¶đ„
BONK has been hanging tight around the 0.000017 mark, but is this meme coin getting ready for a breakout? The recent price action shows a gradual consolidation after the sharp decline in early August. We're seeing the price hovering just below the 99-day moving average, currently at 0.00001934, which could act as a significant resistance level. đ„
If BONK can push through this barrier, we might witness a fun little rally, potentially climbing to the 0.000022 range in the short term. However, if the bulls fail to gather steam, BONK could dip back to retest the 0.000015 levels, and any drop below that could trigger further downside. đ
Volume is key right now, so watch it closely! Increased volume could hint at renewed interest and a push higher, while low volume might signal a continuation of the sideways action. Itâs crunch time for BONKâare we barking up the right tree? đłđ
Donât forget to like, share, and subscribe for more meme coin updates! đ
