CandleFocus BONK Bulls Take Over: Upside Momentum Builds After Pullback
2024-09-22
Author: Content Editor
The cryptocurrency BONK is showing signs of renewed strength after a brief pullback, with bullish momentum gaining traction. Traders are now looking at a potential upside breakout for BONK, with key resistance and support levels to watch. Technical indicators suggest that there is still bullish momentum present, although there has been some cooling off. The price action on different timeframes, including the 4-hour, daily, and 1-day charts, indicates positive momentum and a potential for further upward movement. If BONK can break through key resistance at $0.00002320, it could pave the way for further gains. On the other hand, a consolidation or a break below the support level at $0.00001792 could signal a continuation of the downward trend. Currently, BONK is trading at around $0.00001803, with a decline of 2.33% over the last 24 hours.
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