BONK is currently in a downtrend, down more than 4% and trading at $0.00001991, which is its solid support level. 🔍
🔄 Bounce Potential: Positive momentum could be on the horizon! If Punk can find a foothold at this level, we could see it push higher towards its resistance at $0.00002597, representing a tempting 33% upside opportunity for traders! 🌟
🚀 Future Outlook: With strong community support and continued interest in meme coins, Punk has the potential to gain attention as it consolidates around this support. A successful bounce could reignite the enthusiasm and drive further buying momentum.
⚠️ Caution ahead: However, traders should be cautious. A breakdown below this support level could lead to further declines, which would require a re-evaluation of market sentiment towards BONK.
If you liked the article, don't forget to like👍 and follow🫂 to receive all that is new and important.🤗📢
#moonbix #SCRLaunchpoolStarts! #BTC60KResistance #USRateCutExpected #USCoreCPIUp