BONK Eyes Key Resistance After 9% Surge
BONK, the Solana-based meme coin, surged 9.69%, currently trading around $0.00001264 with a market cap of $986.12 million and a 24-hour trading volume of $150.81 million (+35.83%). After breaking the $0.00001286 resistance, BONK peaked at $0.00001291 and is now targeting the next resistance at $0.00001296, with potential to climb towards $0.00001370 if bullish momentum continues. On the downside, support levels sit at $0.00001191, with further risk down to $0.000011. Technical indicators show bullish signals: the MACD has crossed bullish, RSI stands at 65.26, and Bull Bear Power (BBP) is slightly positive at 0.00000122. However, Chaikin Money Flow (CMF) is at -0.05, indicating slight outflows. Overall, sentiment remains bullish as BONK attempts to break to new highs.
