$BONK Breaks Out with a 9.61% Gain! š
BONK has rallied +9.61% to $0.00004059, showing impressive strength in the market today. Letās dive into the details:
Key Levels:
ā¢ 24H High: $0.00004421 ā This recent high marks a key resistance level.
ā¢ 24H Low: $0.00003428 ā A solid support that has held BONK above its previous lows.
ā¢ Volume: 14.18T BONK, indicating strong trading interest and momentum.
Technical Analysis:
ā¢ MA(7) at $0.00004021 ā BONK is currently trading above the 7-period moving average, showing short-term bullish momentum.
ā¢ MA(25) at $0.00003871 ā Provides solid support, strengthening the uptrend.
ā¢ MA(99) at $0.00003137 ā Long-term trend support remains intact, with BONK holding above this level.
Market Insights:
After hitting a low of $0.00003101, BONK has steadily climbed, breaking through key MAs and showing potential for continued upward movement. The recent volume surge reflects renewed interest, adding fuel to the rally.
What to Watch:
ā¢ Bullish Scenario: A push above $0.00004421 could open the door for BONK to target new highs.
ā¢ Bearish Scenario: If it dips below the MA(7) and MA(25), a re-test of $0.00003428 may provide a solid re-entry for buyers.
Keep an eye on BONK as it seeks to capitalize on this bullish breakout! š
