$1000BONK /USDC SHOWS STRONG BULLISH MOMENTUM WITH POTENTIAL CONTINUATION ABOVE RESISTANCE
$1000BONK /USDC has maintained an impressive +6.7% daily gain, currently trading around 0.01534, with a 24h high of 0.01558 and a low of 0.01424. The price action reflects strong bullish momentum supported by high trading volume of 1.13B BONK, indicating renewed market interest.
On the 4H chart, BONK has been forming higher lows, suggesting buyers are stepping in on every dip. The immediate resistance lies around 0.01560, a breakout above which could trigger an extended rally toward 0.01600ā0.01620, where the next supply zone sits.
Meanwhile, the support zone is seen near 0.01480ā0.01500, where the last consolidation occurred. Holding above this range keeps the short-term outlook bullish. The RSI remains moderately elevated, confirming momentum without overbought exhaustion yet.
If bulls maintain pressure and break above 0.01560, the next leg higher could open towards 0.01700. However, failure to hold above 0.01500 may invite short-term corrections toward 0.01450.
Conclusion:
š Bullish Bias: As long as $1000BONK/USDC holds above 0.0150, market sentiment favors buyers. Watch for a confirmed breakout above 0.0156 for continuation toward 0.016ā0.017 in the coming sessions.
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