$BONK is very popular today!
It has experienced a significant decline since the beginning of June, and now shows signs of rebound. The recent lowest price is 2153 USDT and the highest price is 2400 USDT, indicating that there is strong support and resistance in this range.
According to the trading data, the buying power is relatively strong, the current price is close to the 24-hour high, and the selling is relatively scattered. It shows that the market sentiment is positive and the bulls have the upper hand.
From the technical analysis point of view, the current price is above the short-term moving average, showing a short-term upward trend. The current RSI value is around 60. The market is relatively strong, but it has not reached the overbought state and there is still room for upward movement. The MACD line and the signal line are near the zero axis, and a golden cross has just been formed. The short-term upward momentum is increasing.
If the price breaks through 2400 U, there may be further room for growth
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