BONK is bubbling under the surface—and sharp eyes are locking in on a potential move. Here’s why this meme coin might be ready to bark louder:
1. Sideways Accumulation Near Support
BONK is hovering at $0.00001956 (+0.57%), trading sideways but holding strong above the recent $0.00001816 support. This signals potential accumulation before a breakout! Consolidation = Preparation for the next leg up. Watch this zone closely! ⏳
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2. RSI in the Bullish Zone
The RSI(6) is at 53.17—right in the sweet spot. It’s not overbought, but shows growing strength. A move above 60 could spark momentum as buyers take control. Momentum is quietly building. 🔥
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3. MACD Flirtation with Bullish Crossover
The MACD line is flat, but the gap is closing:
MACD: 0.00000005 vs Signal: -0.00000012.
One green candle could trigger a bullish crossover. Combine that with uptick volume, and we could see liftoff. This is a key watch moment! 🚀
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4. Volume Still Healthy
Volume is holding up at 65.2B, showing traders aren’t asleep. In meme coin land, volume precedes volatility. If we see a spike, it’s likely to come with a move in price. Big candles could follow. ⏫
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5. MA(5) vs MA(10): Near Crossover Point
The MA(5) and MA(10) are almost neck-and-neck—just a hair away from a golden crossover. Historically, that has marked short-term bullish shifts in BONK. Eyes on the MAs. ⚡
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Bottom Line:
BONK is stabilizing above key support, with indicators lining up for a bullish push. If it breaks the short-term resistance around $0.00002098, it could run to $0.00002258 and test the $0.00002417 level. Momentum is on deck—don’t ignore this sleeper meme play.
BONK is coiling. Get ready for the bark.
Entry before breakout = Alpha move. 🐕🦺 #Bonk #BinancePizza
