The $BONK /USDT coin is experiencing exciting technical movement on the 15-minute chart, with a clear balance between buying and selling forces. The current price at 0.00002553 USDT is moving near the moving averages, with a +4.80% increase over 24 hours, raising an important question: Are we facing a new bullish rebound? Or has the corrective decline not yet ended?
📊 Technical Analysis Features:
✅ EMA Moving Averages:
The price is currently moving above EMA50 and EMA99, indicating it is maintaining short-term technical support.
Continuing to trade above EMA20 at 0.00002554 supports the retention of positive momentum.
🧭 RSI Indicator:
The RSI(24) at 56.71 is still in a safe zone, reflecting a balance in momentum with no overbought or oversold conditions, which is ideal for a strong upcoming move.
📉 Stochastic RSI:
It is approaching oversold areas at 26.78, which increases the likelihood of a bullish rebound in the coming hours.
📉 MACD:
There is currently a weak negative crossover signal, indicating a slowdown in momentum rather than the beginning of a strong decline.
📌 Levels to Watch:
Nearest resistance: 0.00002610
Important support: 0.00002508 (EMA50)
Strongest support: 0.00002471 (EMA99)
🚀 Expected Scenario:
🔹 If the price maintains its technical support at 0.00002508, we may see a new surge toward 0.00002610, with the potential to break through to higher levels like 0.00002650.
🔻 If the second support at 0.00002471 is broken, the price may test the area of 0.00002433 before considering a return to the upward path.
🎯 Summary:
The BONK coin stands at an important technical crossroads. Maintaining current support while momentum indicators approach reversal zones enhances the likelihood of a bullish rebound in the coming sessions. Close monitoring of indicators and candles is essential to confirm the upcoming trend.
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