Although BONK has experienced a wave of selling in the last 24 hours, don't worry, the 4-hour chart still says: the bullish momentum is not over yet! 📈 Buyers are still in control, and the market has not been completely devastated 💪.

However, the technical indicators are a bit "weak" — MACD has entered the negative zone, indicating that selling pressure is lurking, and the RSI has also dropped to 50, suggesting that buyer strength is starting to wane ⚠️. If this wave of selling pressure continues, BONK might break the key support level of $0.00002358, and it could even potentially breach the significant level of $0.000020 for the first time this month 😱.

But don't panic! The CPI inflation data to be released later today might bring surprises ✨, driving the market to rebound. If that's the case, BONK is expected to quickly return to the first resistance level of $0.00002880 🚀, and it could further aim for the target price of $0.00003280 🔥.

So, fans of #Bonk , don't give up hope, the market always has chances for a turnaround! 📊