🚨 $BONK coin Price Analysis 🚨
Bonk price has been trading in a narrow range between $0.0000212 and $0.000018 for several days, showing that buyers are stepping in near the lower end and sellers are active near the top. As of writing, Bonk price trades at $0.0000197, surging over 6.7% in the last 24 hours.
The flat moving averages and the RSI sitting just around the midpoint suggest that this sideways movement could continue for a bit longer. If buyers manage to push BONK above $0.000021 and keep it there, it could signal a bullish breakout and possibly send the price up to $0.000027, completing a double-bottom pattern.
On the flip side, if BONK price falls below the ascending support line, it could trigger a further drop toward $0.0000156, but buyers are likely to strongly defend that support level.