$BONK Resistance and Support Levels:
Resistance: The current resistance level is around 0.00005490 (24-hour high). Breaking this level could push BONK further upward.
Support: Strong support is at 0.00003851 (24-hour low). If the price retraces, it might bounce back from this level.
Next Possible Moves:
1. Bullish Scenario:
If the price breaks the immediate resistance at 0.00005490 with strong volume, it could continue its upward momentum toward the next psychological level of 0.00006000 or higher.
2. Bearish Scenario:
If the price fails to break resistance and RSI declines, it might pull back to the EMA(25) (around 0.00004857) or even test the support at 0.00003851.