Bonk (BONK), the meme coin built on the Solana blockchain, is currently trading at approximately $0.00002009, reflecting a modest 0.05% decrease in the past 24 hours. The coin has remained relatively stable amid minor market fluctuations.
In this article, we will find bonk crypto next target and look at chart and latest news.
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Bonk Coin Next Target
- Current Price: $0.00002009
- 24h Price Change: -0.05%
- 24h Range: $0.00001947 – $0.00002076
- Market Cap: ~$1.58 billion
- 24h Trading Volume: ~$323 million
- Circulating Supply: ~79.37 trillion BONK
Price got rejected at $0.000024 resistance two times. That’s a stiff resistance as it also lines up with 200-day Moving Average (200 SMA). If it breaks above that, price could revisit $0.000030 for +25% potential gain.
On a cautious note, there could be a bearish breakout from Rising Wedge. If confirmed, price could revisit $0.000017 support near-term.
Key Technical Indicators
- Relative Strength Index (RSI): ~60 (Neutral)
- MACD: Bullish crossover in progress
- Support Levels: $0.000019, $0.000018
- Resistance Levels: $0.000021, $0.000022
- Trend Overview: Sideways with a potential bullish breakout if resistance is breached
Latest Bonk News & Developments
- Consolidation Continues: BONK is moving in a tight range with support at $0.000019 holding well. Bulls are eyeing $0.000021 for confirmation of an upward breakout.
- Community-Driven Momentum: Bonk’s active community continues to drive engagement through burns, memes and DeFi initiatives on the Solana network.
- Sentiment Watch: While indicators suggest strength, analysts caution that “extreme greed” conditions may signal a possible short-term cooldown.
👉 Short-Term Outlook: Neutral to slightly bullish
📉 Risk Level: Moderate due to market sentiment and meme coin volatility
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