BONK Price Stumbles After Hitting Resistance
Updated
Popular meme coin BONK is facing a price correction after encountering resistance at the $0.00002705 level on the daily timeframe.
The next support level for BONK is anticipated to be around $0.000022. If the price falls below the current level, it could indicate a further decline in the short term.
The next support level for BONK is anticipated to be around $0.000022. If the price falls below the current level, it could indicate a further decline in the short term.
Comment
Excellent! As depicted in the chart above, the price successfully touched $0.00002195 before skyrocketing back up to $0.00002705. Should the current momentum persist, we can anticipate a potential breakout, propelling the price towards the range of $0.000031 to $0.00003536.
Comment
as predicted, that support of $0.00002150 holds strong on daily TF, and a breakout of $0.000002350 pushes the price to $0.0000025 - $0.0000027.Comment
Is Bonk breaking from the previous ATH price or this will pullback from here, as shown in the chartComment
If the support level at $0.00003260 is maintained, an upward price movement is expected; however, if it fails to hold, the next support is at $0.00002820.Comment
Bonk has established support at $0.00003200, and if the trading volume continues to increase, it is expected to reach $0.00003950 - $0.000041
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