#bonk Bonk Price Prediction: The Next 3 Days WillBe Crucial for BONK as It Rises 2%

The #Bonk price was rejected by anegative medium-term trend line in thepast 24 hours. Despite this, the meme coinremains in a historic buy zone between$0.000008855 and $0.0000128480, whichleaves open the possibility for $BONK tosurge to the upside soon.

Traders and investors will want to keep aneye on the $0.000008855 support level inthe next couple of days. Should the Bonkprice drop below this crucial mark, it willbe at risk of plummeting to the$0.0000031115 support in the short term.On the other hand, a rebound from thislevel could finally lead to the strong movetowards the upside that is beingforecasted on BONK's charts. Before thiscan happen, however, BONK may undergo

a slight correction before the move. Itscurrent setup is similar to the setupleading up to its last bullish move. Usingthe prior setup as reference shows that thememe coin's price could drop one moretime before potentially pumping.

If history repeats, BONK could launch to ashigh as $0.0000192765 in the following fewdays. Continued buy pressure could thenboost it above this barrier, which will cleara path for it to rise to $0.0000290295.

Buyer Strength Dips as Sellers Take Over

Traders and investors will want to keep aneye on the Relative Strength Index (RSI)line as it looks to cross below its SimpleMoving Average (SMA) line. This maytrigger a significant bearish technical fi yand signal that sellers have gained theupper hand on BONK's 4-hour chart.

Although this will be a bearish

development, it does not rule out the

possibility of the bullish move completely,as the same happened in the previoussurge. A potential confirmation of the

positive move not happening will be whenthe Moving Average Convergence

Divergence (MACD) line crosses below the

MACD Signal line.

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$BONK