$BONK faced rejection at the $0.0000249 resistance level — the same barrier that turned back the bulls on May 14th.

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Over the past ten days, BONK 4-hour chart has shown a range-bound movement between $0.000018 and $0.000024. The mid-range level at $0.000021 recently acted as support.
The 4-hour RSI signaled bearish momentum, but OBV held steady and volume remained below average during the dip, hinting at a potential bullish recovery soon.
Hence, a retest of these levels provides a buying opportunity.
#BONK #memecoin