๐ BONK just surged 10% in 24 hours to $0.00002326, making it the top performer among the top 50 cryptos! This rally is driven by the rise of LetsBonk, which now commands **55 %** of Solana launchpad market share vs. Pump.funโs 35 %โa major shift in memecoin backing ๐ ๎จ0๎จ
๐ On the 4H chart, BONK has reclaimed support at $0.00002062 and is eyeing key resistance at $0.00002218. A daily close above could spark a move toward $0.00002581 (wedge breakout target) and even $0.00003265 if momentum holds ๐ฅ.
โ๏ธ Technicals: RSI sits at 81 (overbought) but MACD remains bullish, while Futures Open Interest hits multi-week highsโsignaling strong institutional interest. If BONK fails to hold $0.00002218, watch for a retest down to the $0.00001734 Fibonacci level.
Stay tuned as BONK leads the Solana memecoin rally! ๐๐