💡 Quick technical analysis:
✅ Bounce back after a sharp decline! After a strong drop to $0.00001540, BONK has gradually risen and is currently stabilizing at $0.00001648, indicating a potential start of a recovery wave.
✅ RSI at 65.76! Close to the overbought area, indicating strong positive momentum with limited room for upward movement before a correction.
✅ MACD gives positive crossover signals! The MACD line has started to touch the signal line in a potential bullish crossover – a signal that could mean the beginning of a trend reversal.
✅ Good trading volumes! The trading volume over the past 24 hours reached 921.23 billion BONK and 15.14 million USDT, indicating sustained interest in this asset despite the recent pullback.
🚀 Expected scenario:
If BONK breaks the resistance level at $0.00001689, it may target $0.00001753 then $0.00001874. In case of a pullback, strong support lies at $0.00001592 - $0.00001540.
🔥 Is BONK ready to bounce back?! With the return of momentum and the appearance of bullish crossover signals, BONK might have a chance for a quick short-term rise – this moment is worth following!
📢 Share your predictions! Do you expect an explosion $BONK towards $0.000018? 🚀👇