🔍 Technical analysis of BONK/USDT: Are we preparing for a new launch?
The currency $BONK is witnessing
/USDT is showing exciting technical movement on the 15-minute interval, with balance
Buying and selling forces. The current price at 0.00002553 USDT is moving near the moving averages, with an increase of
+4.80% in the last 24 hours, raising an important question: Are we facing a new upward rebound? Or has the corrective decline not ended yet?
📊 Technical Analysis Features:
✅ EMA Moving Averages:
The price is currently moving above EMA50 and EMA99, indicating that 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) indicator at 56.71 is still in a safe zone, reflecting a balance of momentum and the absence of overbought or oversold conditions, which is ideal for a strong upcoming movement.
📉 Stochastic RSI:
approaching oversold areas at 26.78, which increases the likelihood of an upward rebound in the coming hours.
📉 MACD:
Currently a weak negative crossover signal, indicating a slowdown in momentum and not the beginning of a strong decline.
📌 Levels to watch:
The nearest resistance: 0.00002610
Important support: 0.00002508 (EMA50)
Stronger support: 0.00002471 (EMA99)
🚀 Expected scenario:
🔹 If the price maintains its technical support at 0.00002508, we may see a new push towards 0.00002610, with a chance to break through to higher levels like 0.00002650.
🔻 However, 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 currency stands at an important technical crossroads. Maintaining the current support with momentum indicators approaching reversal zones enhances the likelihood of an upward rebound in the upcoming sessions. Close monitoring of indicators and candles is essential to confirm the upcoming trend.
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