The currency $BONK is currently trading at 0.00001743 with a sharp daily decline of -10.98%, near the daily low of 0.00001728, placing it in a critical support area.
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🔍 Technical indicators:
🔸 RSI = 28.71 → in a clear oversold area, indicating the possibility of a near rebound.
🔸 MACD = -0.00000001 with convergence between the DIF and DEA lines → negative momentum is weakening, paving the way for a potential near reversal.
🔸 Trading volume is good (13.4 billion) but has decreased slightly, indicating hesitation from traders currently.
🔸 Stochastic K = 21.88 / D = 28.05 → also in the oversold area, which is another factor supporting the technical rebound hypothesis.
✅ Buy the coin quickly by clicking on the coin name $BONK
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📉 Overall trend (hourly): bearish, but with signs of an approaching technical reversal from the support level 0.00001728.
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📈 Recommendation:
🔹 Buy monitoring area: 0.00001720 – 0.00001740
🔹 First target (TP1): 0.00001820
🔹 Second target (TP2): 0.00001900
🔹 Stop loss (SL): 0.00001700
✅ Buy the coin quickly by clicking on the coin name $BONK
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💬 Summary: The BONK coin is experiencing strong selling pressure but is close to a critical technical support area, and the indicators suggest that there is a very near rebound opportunity. Close monitoring is required, with cautious entry from support levels and waiting for confirmation via MACD or a strong reversal candle.
