The BONK token (symbol: BONK) has returned to the spotlight again after recording a +5.02% increase in trading volume over 24 hours, reflecting growing interest from traders on the Binance platform.
✳️ Quick Overview:
🔸 Current Price: 0.00001757 USD
🔸 Highest Price in 24 Hours: 0.00001811
🔸 Lowest Price: 0.00001653
🔸 BONK Trading Volume in 24 Hours: 1.07 Trillion
🔸 Corresponding USDT Volume: 18.62 Million USD
📈 Technical Analysis According to the Chart (15 Minutes):
Details of BONK's movement throughout the day, and we notice the following:
✅ Positive Indicators:
EMA Averages Crossover: The price is above EMA7 (yellow line), reflecting short-term upward momentum.
MACD Indicator: A positive crossover has appeared in the short term with the start of rising green bars, indicating potential upward momentum.
StochRSI Indicator: Moving in the upper zone (66–78), indicating continued positive activity without sharp overbought conditions.
🔁 Areas to Watch:
Nearby Resistance Area: 0.00001787 — tested twice and may form an important barrier.
Current Support Area: 0.00001726 — the price bounced strongly from it, reinforcing its stability as a support level.
🌐 Why is BONK attracting attention?
The BONK token is supported by an active community and a growing development environment on the Solana network. Discussions about its potential use in some DeFi projects and promotional rewards have intensified.
The entry of BONK onto the Binance platform previously increased its liquidity and ease of trading globally.
⚠️ Warning for Investors:
Although current indicators are positive, BONK remains a highly volatile meme coin. Stop-loss orders and careful capital management should be in place, especially for short-term traders.
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