Bonk surged by an impressive 16.13%, outperforming amidst a predominantly bearish market. It reached a peak of $0.00002967 before undergoing a correction. Currently, Bonk is exhibiting a descending triangle pattern, characterized by lower highs and lower lows. It now hovers around the demand zone near the $0.00002285 mark, testing this crucial support level. A breach of this level could signal a continuation of the downtrend.
In the one-day timeframe, oscillators remain neutral, while moving averages suggest a buy signal. However, in the weekly timeframe, moving averages strongly indicate a buy signal, contrasting with sell signals from the oscillators.
In the one-day timeframe, oscillators remain neutral, while moving averages suggest a buy signal. However, in the weekly timeframe, moving averages strongly indicate a buy signal, contrasting with sell signals from the oscillators.