The current price of $BONK is approaching the upper Bollinger Band at 0.00002362.
This suggests a potential overextension, indicating a possible pullback.
Support at 0.0000178 remains critical, while resistance sits at 0.00002323.
Volatility appears to be expanding, which could signal further price movements ahead.
Consider placing a stop-loss slightly below the support level to manage risk.
Traders should watch for a breakout above the upper band before buying.
Setting alerts near support and resistance levels is advisable for strategic positioning.
