🚨 $BONK Price Will High If 🚨
With a market price of $0.000031 in the last 24 hours, BONK is battling to regain support above moving average resistance. This follows a significant rejection at the $0.000033 price level and a short-term retracement of -10.45%. Over the weekend, price activity was stifled under the localized resistance of the 20DMA.
BONK bulls are aiming to break higher while preserving technical structure, with support at $0.00003 being well-defended. In the near term, watch the $0.0000315 level, the 20-day moving average resistance. The RSI is neutral at 49.33, which might be a positive sign.
The 20-day moving average will be crucial; any further rejection could cause BONK’s price to plummet. As another initiative gains traction in retail markets, BONK investors are left on edge.
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