# BONK

Technical Indicators: Indicators like the Relative Strength Index (RSI), Moving Averages (MAs), and MACD can provide insights into potential reversals or continuations of trends. Currently, the RSI for BONK is showing strong bullish momentum (around 74), indicating it might be in overbought territory, which could precede a short-term correction.

Important Considerations for Trading BONK:

* High Volatility: Bonk is extremely volatile. Price swings can be drastic and sudden.

* Trend is Your Friend (until it bends): Currently, the trend appears bullish, but always be prepared for reversals