BONK crypto has been in consolidation whereas
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is simply beneath ATH and on the brink of print a brand new one. It could look scary for merchants after they see purple colors or -%…, however these are the instances to concentrate to your key ranges and execute effectively. No concern, simply good danger administration!
$BONK seems like one of many stronger meme cash w/ the a number of faux outs of the breakouts on BTC.
Bouncing from a key degree. It will not go up in a straight line however it’s destined for brand spanking new highs w/ the deflationary mechanics assuming Bonk Enjoyable continues to steal mindshare from… pic.twitter.com/JYDrFqReri
— Herro (@HerroCrypto) Could 19, 2025
Herro’s level is definitely good. In the event you open the BONK in opposition to BTC every day chart, you will see that out that the pair’s market construction is bullish, with larger highs and better lows.
Please additionally revisit the final article discussing BONK value, which was $0.015!
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BONK Crypto Prepared for Leg #2: Chart Evaluation Time
(BONKUSDT)
BONK on the every day timeframe isn’t solely making larger highs and better lows versus BTC, but additionally in opposition to USD. In opposition to BTC is a little more spectacular, although. Since, and I’ll underline this, Bitcoin is true under its final resistance earlier than a brand new ATH. This, in fact, implies that it may be rejected at resistance. It’s thrilling when a coin behaves as it’s anticipated to! Keep watch over MA50 and MA100.
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(BONKUSDT)
Now, let’s have a look at the 4H timeframe. Earlier than that, I’d like to notice that even when BTC goes down from right here, BONK can nonetheless carry out strongly in opposition to it and make a brand new excessive. On this chart, we see two wicks to our value goal from the earlier article. Whoever caught that transfer – congrats, because it was a 50% leg! We noticed clear rejection and an SFP on this timeframe, which indicated {that a} retrace is probably going. Now we’re these two key zones – MA200 and $0.017.
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(BONKUSDT)
1H timeframe, right here we go! RSI has been reset, and the worth is now ranging. Ideally, we’d like to not go right down to $0.017 and front-run that degree. If it occurs, the individuals who have orders that low must purchase larger, which can feed the brand new leg up much more. A reclaim of the MAs is what we need to see now, with or and not using a contact of both inexperienced circle. Then a take a look at of $0.025 once more, and ultimately a break of that degree.
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BONK Getting Prepared for Subsequent Leg Up: Newest TA Insights
50% transfer up reached and now forming the next low
RSI is reset on 4H and 1H timeframe. Possibly wants decrease on 1D
Key help is final low on 1H, or $0.017
Reclaim of MAs on low timeframes is a symptom of the following leg inbound
The submit BONK Getting Prepared for Subsequent Leg Up: Newest TA Insights appeared first on 99Bitcoins.
