BONK Rebounding or Just Barking Loud?
BONK/USDT is showing signs of a short-term comeback — but don’t ignore the bigger picture.
1H Chart: Strong bounce from 0.00001152 with bullish EMA stack (7 > 25 > 99). RSI(6) at 64.3 shows intraday strength, backed by a massive 396B volume spike.
1D Chart: Price reclaimed 0.00001244 after a solid retest of 0.00000888. EMA(7) and (25) are converging, hinting at a potential pivot. RSI(12) hovering around 50 — market undecided but leaning bullish.
1M Chart: Long-term still bearish — BONK is down ~80% from its highs. Price remains well below the monthly EMA(7) at 0.00001867. MACD & RSI(12) suggest the macro correction isn’t over yet.
Key Levels to Watch:
Support: 0.00001100 / 0.00000888
Resistance: 0.00001302 / 0.00001796
Entry Zone: Pullbacks near 0.00001175
Target: 0.00001350 short-term, 0.00001750+ if momentum holds
SL: Break below 0.00001100 or 0.00000888
No major news, but BONK remains hype-sensitive — watch Solana ecosystem chatter.
Set alerts near resistance. DYOR before jumping in.
Bullish or Bearish on BONK from here? #BONK #CryptoTrading #Altcoins