In the land of infinite beginnings you see $BONK

After facing a prolonged season of decline, meme coins seem to be back and better as prices surged in the last 24 hours. According to CoinMarketCap, Bonk (BONK) skyrocketed an incredible 39.99% in the last day.

BONK exited its consolidation phase after trading in the same region since April 13, meanwhile, Bollinger Bands (BB) showed increasing volatility around the token. With the widening of the bands, BONK is expected to experience significant price fluctuations.

However, the upper band of the BB had touched the token at $0.000021, indicating that it was overbought.

BONK could experience a notable pullback. In a highly bearish case, the token value could fall to $0.000015. However, if the bulls maintain the momentum, the stock could enter the resistance at $0.000024.

Do you bet on this meme? Don't stop following me, I wish you to be millionaires.