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In the world of cryptocurrencies, the most important question remains: Is this the buying bottom? Today, we take a precise technical look at the BONK coin, which despite its recent decline, some technical indicators are starting to show signs of a trend change.

🔍 Quick technical overview on $BONK /USDT:

📌 Current price: 0.00001402 USDT

🔻 Overall trend: Downward, but there are potential signs of stopping the bleeding.

📊 Technical indicators:

🟠 Moving averages (EMA):

  • EMA 20: 0.00001423

  • EMA 50: 0.00001427

  • EMA 99: 0.00001425

    ➡️ The price is below all averages, reflecting continued selling pressure, but the price gap is narrow and may be quickly breakable.


💪 Momentum indicators:

  • RSI(7): 30.66

  • RSI(12): 33.23

  • RSI(24): 39.74

    ➡️ All are below the 50 level and approaching the oversold area, which enhances the probability of a temporary bullish rebound.

  • Stoch RSI: 28.71

    ➡️ Also at the oversold area, which is a strong signal for a potential bullish trading move.

📉 MACD indicator:

  • Reading: -0.00000004

    ➡️ It still shows negative momentum, but the gap is narrowing, which means selling is gradually losing strength.

📈 Trading volume:

  • Gradual increase in buying volume over the last two candles, indicating cautious entry from buyers.


🧠 Technical conclusion:

Although the overall trend is still technically downward, a set of technical indicators shows clear oversold conditions, opening the door for a potential bullish rebound in the next few hours or days, especially if the 20 average level (0.00001423) is firmly breached.

💡 Trading recommendations:

  • ✅ Buy monitoring area: above 0.00001423 with a confirmed bullish candle and trading volume higher than average.

  • ❌ Avoid entering if the support level 0.00001390 is broken, as it may open the door for a new decline.

  • 🎯 Potential targets for a quick rise:

    1. First target: 0.00001485

    2. Second target: 0.00001530

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