💡 Quick technical analysis:
✅ Strong support at 0.00001572!
The price bounced from this level after a clear test, reflecting the presence of buyers ready to enter at this bottom.
✅ RSI at 39.4
Still in the neutral to weak zone, opening the door for a potential rise without worries of overbuying.
✅ MACD shows the beginning of a slowing downward momentum!
The indicator is approaching a potential upward crossover point, which could represent an entry opportunity before the rise.
✅ Trading volumes are stable with a slight upward tendency.
Indicates potential accumulation before a strong upcoming movement.
---
🚀 Expected scenario:
If BONK breaks the level of 0.00001707, the path will be clear to test the next resistance at 0.00001783 and possibly 0.00001918!
In case of a pullback, strong support at 0.00001572 - 0.00001554 may provide an excellent entry opportunity.
---
📊 Potential chart pattern – "double bottom"?
The price recorded two close lows in the same area around 0.00001572, and if it rebounds strongly with a breakout at 0.00001707, it could confirm a bullish pattern.
---
🚨 Supportive signals from the indicators:
Low RSI: A good range for an upward move.
MACD is approaching a positive crossover.
Trading volumes are tending to stabilize: this may indicate a pause before an explosive move.
---
💬 My personal opinion:
BONK is at a very critical moment. The price behavior suggests quiet accumulation before a major move. The indicators still maintain potential positive momentum, and buying from the current supports with a close stop loss seems reasonable for risk-takers.
---
✅ Final advice:
Set a stop loss below 0.00001550 to reduce risks.
Monitor the volumes and indicators closely over the next few hours.
---
📢 Do you think BONK will surge to new levels? Or is there a pullback coming? Share your opinion!