As of June 7, 2025, Bonk (BONK) is trading at approximately $0.00001564, reflecting a slight daily increase of 0.036%.
Key Support and Resistance Levels for June 2025:
Support Levels:
$0.00001500: Near the 100-day moving average, indicating a strong support zone.
$0.00001409: Identified as a recent support floor.
$0.00001390: Another significant support level.
Resistance Levels:
$0.00001600: A key resistance level to monitor.
$0.00001800: Another critical resistance point.
$0.00001950: A significant resistance level, with a breakout above this potentially leading to a bullish trend.
Technical Indicators Overview:
Relative Strength Index (RSI): Currently at 40.9, suggesting that BONK is approaching oversold territory but hasn't reached it yet.
Moving Averages: Most short-term moving averages are signaling a "Sell," indicating a bearish short-term outlook.
Price Forecast for June 2025:
Analysts predict that BONK may trade within a range of $0.00001096 to $0.00001580 in June, with an average price around $0.00001251. This suggests a potential downside risk of approximately 30% from current levels.
Market Sentiment:
The current market sentiment for BONK is neutral, with the Fear & Greed Index indicating "Greed."
