Bonk (BONK)

BONK price continues to hover around its resistance/support level of $0.00002125 for a short period of time. However, with a 17.93% correction in the past week, the memecoin was one of the biggest losers last week.

The MACD indicator shows a neutral price action and its average is also showing a similar trend. Moreover, with the SMA acting as resistance on the Bonk price chart, the memecoin is experiencing weak buying over selling pressure in the market.

Sustaining the price above its support level could prepare the Bonk memecoin to move towards its resistance level of $0.0000270. However, if the bears gain strength, the Bonk coin price could retest its lows of $0.0000150 this month. #6万保卫战 #币安LaunchpoolSCR #BTC☀ #ETH🔥🔥🔥🔥