BONK’s market direction remains uncertain amid conflicting signals. AMBCrypto analyzes key levels and indicators to assess BONK's next moves.
However, recent metrics indicate mixed market signals, putting any potential rally at risk.has experienced a downtrend, losing 12.03% over the past week, though it has entered multiple overlapping support zones. While a sustained rally is uncertain, a 0.43% gain in the past 24 hours hints at a subtle resurgence in buying interest.
If this support level holds, BONK targets an initial resistance at 0.0002514—a short-term level that could set the stage for further gains. The MACD, which assesses market momentum, indicates a likely downturn as both the MACD line and signal line move deeper into negative territory. The rise in bearish momentum bars further reflects this negative market sentiment.
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