$BONK

Based on the BONK/USDT technical chart on the daily timeframe:

BONK is correcting after a strong rally. The current price of 0.00002838 has decreased from the most recent peak of 0.00004075 and is below the MA5 but above the MA10, indicating that the medium-term uptrend is still intact, but the short-term momentum has weakened. Bollinger Bands are beginning to tighten. RSI(6) has dropped to the 30 area – close to the oversold zone, indicating strong selling pressure and may soon be excessive. MACD has crossed down and is in negative divergence, reinforcing the correction signal.

🔎 Conclusion: The short-term trend is correcting, and it is necessary to monitor the reaction around the support zone of 0.000026 – 0.000027 before confirming a recovery.