#BONK❓ taking blood bath❓$BONK /USDT: Deep in the Red – What's Next? $BONK /USDT has plummeted to $0.00002321, reflecting a sharp 11.48% decline over the past 24 hours. The current downtrend has pushed the RSI to a highly oversold level of 13.46, signaling potential exhaustion of selling pressure.
Bullish Targets:
If BONK bounces back from the oversold zone:
Target 1: $0.00002450
Target 2: $0.00002570
A sustained recovery could pave the way for further gains.
Bearish Targets:
If selling pressure intensifies and BONK breaks below $0.00002307:
Target 1: $0.00002200
Target 2: $0.00002050
A drop below these levels may extend the bearish momentum.
Key Insight: With RSI at extreme lows, a rebound is possible, but caution is advised. Monitor for volume spikes and confirmations before entering trades.