🔍 BONK/USDT 4H chart 📈
Price Action & Trend BONK is currently trading at 0.00002271 USDT, marking an 11.54% intraday gain. Price has rebounded strongly after forming a local low near 0.00002035, regaining bullish momentum above the short-term EMA(7) and EMA(25). This indicates a short-term trend reversal to the upside.
EMA(7): 0.00002206 (Support – bullish crossover)
EMA(25): 0.00002137
EMA(99): 0.00001818 (Long-term support)
The recent crossover of the EMA(7) above EMA(25) suggests growing bullish strength. Price staying above these levels strengthens the near-term bullish case.
✅ Resistance & Support
Immediate Resistance: 0.00002322 (24h high), followed by 0.00002399 (recent swing high)
Support Levels: 0.00002053 and the stronger level near 0.00001860
✅ RSI Indicator
RSI(6): 69.5, nearing overbought
RSI(14): 61.5, showing healthy momentum
Momentum is increasing, but nearing overbought territory on lower RSI, which suggests potential short-term consolidation or mild correction.
✅ MACD line remains slightly below the signal line (bearish) but flattening out, indicating momentum may be shifting to the bulls soon if volume continues to rise.
✅ Volume & Sentiment
BONK saw a 24h volume of 5.77T tokens, showing renewed interest. If volume continues to support the price, a break above 0.00002399 could open the door to further upside.
📈 Summary
BONK/USDT is showing a healthy bullish structure on the 4H chart. Price reclaiming above EMAs, increasing RSI, and rising volume support continued upward movement. However, caution is advised near resistance, especially if RSI enters overbought. Watch 0.00002399 for a breakout or 0.00002053 as a retest support.
