🚨 $BONK Price Update: Can LetsBonk Hype Push BONK Past $0.000026? 🚨
$BONK recently cooled off after a sharp rally—but the charts show no clear signs of a top just yet.
🔥 Why the Buzz?
Solana-based memecoin launchpad LetsBonk is stealing the spotlight. On Monday, it generated a massive $1.04 million in revenue—nearly double that of Pump.fun ($533K), according to DefiLlama. That surge in attention has helped fuel BONK’s rally since LetsBonk launched on April 25.
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📈 BONK Price Outlook: What’s Next?
BONK bounced strongly from $0.000011 on June 22, gaining momentum after pushing above the moving averages last Friday.
The 20-day EMA ($0.000017) is trending upward.
RSI is in positive territory, showing bulls still have control.
🚀 If buyers hold the line, BONK/USDT could retest the key resistance at $0.000026. Breaking that level would confirm a double bottom pattern—with a potential upside target near $0.000041!
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🔻 Key Support Levels to Watch:
The 20-day EMA is critical. A break below could trap BONK in a sideways range between $0.000011 and $0.000026.
On the 4-hour chart, BONK has dipped under the 20-EMA, signaling short-term profit-taking.
Next support is the 50% Fibonacci level at $0.000020. A bounce here could restart the rally.
If it breaks below $0.000020, expect a drop to the 50-SMA, delaying any bullish continuation.
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⚠️ Disclaimer: This is not financial advice. Always DYOR (Do Your Own Research). Crypto is volatile—invest wisely!
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