🐶 BONK Breakout: A spectacular leap from meme coin!
Bonk ($BONK ) has just surpassed the peak of June with extremely strong demand, establishing a clear bullish trend reversal. Each subsequent low is higher than the previous one, and the weekly RSI is above 50 – a signal that the bulls are back in the game.
📊 On the daily frame:
BONK breaks the threshold of $0.0000018
A distinct bullish structure
OBV sets a new peak → significant capital inflow into the market
RSI enters the overbought zone → momentum firmly shifts towards the bulls
📌 Short-term target:
$0.0000026 (nearest resistance)
If surpassed → aiming for $0.0000036
⚠️ Note: OBV on the weekly frame has remained flat since March, indicating that the capital inflow is not yet sustainable. Careful monitoring of buying pressure at strong resistance levels is necessary.