𝗕𝗢𝗡𝗞 𝗣𝗿𝗶𝗰𝗲 𝗨𝗽𝗱𝗮𝘁𝗲: 𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝗔𝗳𝘁𝗲𝗿 𝗮 𝟮𝟬% 𝗗𝗿𝗼𝗽
Hey everyone! Let’s dive into the latest on BONK, the meme coin known for its wild moves. After reaching a new all-time high, BONK experienced a significant drop. Here’s where things stand:

𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗦𝗲𝗻𝘁𝗶𝗺𝗲𝗻𝘁 & 𝗢𝗽𝗲𝗻 𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁:
- Open Interest dropped from $24 million to $16 million in 48 hours.
- Despite a positive funding rate, this decline signals bearish sentiment.

𝗥𝗲𝗹𝗮𝘁𝗶𝘃𝗲 𝗦𝘁𝗿𝗲𝗻𝗴𝘁𝗵 𝗜𝗻𝗱𝗲𝘅 (𝗥𝗦𝗜):
- RSI is above the neutral 50 line.
- The RSI ranges from 0 to 100, with overbought above 70 and oversold below 30.
- Currently, RSI suggests potential bullish momentum if it remains above 50.

𝗣𝗿𝗶𝗰𝗲 𝗣𝗿𝗲𝗱𝗶𝗰𝘁𝗶𝗼𝗻:
- Mixed signals suggest sideways market movement.
- Likely to consolidate between $0.00003769 and $0.00003182.
- A breakout above $0.00003769 could push BONK to $0.00004000, potentially leading to a rally.

Stay tuned for more updates!

#CryptoTrends #BONKNews #MemecoinWatch2024 #cryptoupdates2024 #PriceForecasts