$BONK – Sideways Pressure With a Small Bounce Attempt
Price: 0.00000969
Move: -0.51%
24h High: 0.00000985
24h Low: 0.00000954
$BONK has been moving in a range-bound structure, with repeated rejections near 0.00000985 and dips finding support around 0.00000954.
After tagging the low again, buyers stepped in for a modest bounce, but momentum remains limited. The overall price action suggests indecision, with neither side showing strong conviction.
Key Levels:
Support: 0.00000959 → 0.00000954
Resistance: 0.00000973 → 0.00000980 → 0.00000985
Trend:
Short-term trend is neutral, leaning slightly bearish due to lower highs forming within the range.
Trade Idea:
If price breaks above 0.00000973, BONK could attempt a move toward 0.00000980 and possibly test 0.00000985.
If price falls back below 0.00000959, another retest of 0.00000954 is likely, with risk of deeper downside if that support breaks.
Main Point:
$BONK remains in a tight consolidation range, and bulls need a strong push above 0.00000973 to regain any meaningful momentum.
