BONK has recently dropped below the key support level of $0.00002393, indicating a potential further decline. If this trend continues, prices could fall to the next support level at $0.00001835, heightening investor concerns.
Recent technical indicators show bearish signs with a Money Flow Index at 50.97 and a sinking Relative Strength Index at 39.61. Together, these suggest that selling pressure is exceeding buying activity, which may amplify BONK’s downward trajectory.
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