{"id":657671,"date":"2024-12-06T01:00:18","date_gmt":"2024-12-06T01:00:18","guid":{"rendered":"https:\/\/ktsl888.com\/?p=657671"},"modified":"2024-12-05T12:56:15","modified_gmt":"2024-12-05T12:56:15","slug":"bonk-finds-stability-at-0-00004002","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/bonk\/bonk-finds-stability-at-0-00004002\/","title":{"rendered":"BONK Finds Stability At $0.00004002, Can Bulls Spark A Comeback?"},"content":{"rendered":"

Recent trading activity indicates that BONK is maintaining stability at the critical $0.00004002 support level. This stabilization comes after a period of downward pressure, raising speculations of a rebound on the horizon.\u00a0<\/span>With <\/span>bulls<\/span><\/a> showing signs of resilience, the stage is set for a comeback that could redefine BONK\u2019s near-term trajectory. Will this level be the springboard for a recovery, or is further consolidation needed before the next move?<\/span><\/p>\n

Support Holds Steady: Signs Of A Bullish Rebound<\/h2>\n

As market sentiment teeters between caution and optimism, determining the meme coin\u2019s recent hold at the $0.00004002 support level is crucial in order for investors and traders to reevaluate their positions ahead of potential volatility.<\/span><\/p>\n

Related Reading: BONK Jumps 20% As \u2018Dog Season\u2019 Starts, Analyst Says<\/a><\/p>\n

On the 4-hour chart, BONK is exhibiting a steady upward trajectory despite trading below the 100-day Simple Moving Average (SMA). After rebounding strongly from the critical $0.00004002 support level, the asset is making strides to extend its <\/span>gains<\/span><\/a>, aiming toward the $0.00006247 resistance zone. A successful breach above the 100-day SMA could further validate its recovery, possibly opening the door to higher levels.<\/span><\/p>\n

\"BONK\"
BONK surging despite falling below the 100-day SMA | Source: BONKUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n

Also, the formation of the 4-hour Relative Strength Index (RSI) reveals a resurgence in buying pressure and a shift toward a more bullish market sentiment. When the RSI rises and reaches 50%, it could confirm its upside movement, giving BONK the strength to push higher and test key resistance levels.<\/span><\/p>\n

BONK Performance On The Daily Time Frame<\/h2>\n

BONK<\/span><\/a> is showing signs of a potential upward movement on the daily chart, staying above the 100-day SMA after a rebound at the $0.00004002 support level. Its maintenance above this support provides a foundation for further growth. If BONK can maintain its position above this level and continue building momentum, it could pave the way for a breakout and more upside movement.<\/span><\/p>\n

\"BONK\"
More upside imminent after a rebound at $0.00004002 | Source: BONKUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n

Furthermore, the daily RSI shows signs of a rebound, maintaining a steady position above the 50% threshold. The continued trend above this level implies that the asset is in a favorable position for more gains, with the possibility of a sustained rally. Should the RSI continue to climb, it could indicate growing confidence among <\/span>traders<\/span><\/a> and signal positive price action for the meme coin.<\/span><\/p>\n

Related Reading: Is BONK Rally In Jeopardy? Technical Indicators Confirm Weakness<\/a><\/div>\n

Thus far, BONK is at a pivotal moment, having found stability above the $0.00004002 support level and the daily 100-day SMA. If Bonk can sustain its position above this support and build on its current <\/span>momentum<\/span><\/a>, a <\/span>potential<\/span><\/a> recovery could be underway, possibly driving the price toward the $0.00006247 resistance level and beyond. Nonetheless, failure to maintain $0.00004002 may alter the meme coin\u2019s direction to the downside, causing it to retest lower support zones such as $0.00002962 and $0.00002320.<\/span><\/p>\n

\"BONK\"
BONK trading at $0.000042 on the 1D chart | Source: BONKUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image from Medium, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Recent trading activity indicates that BONK is maintaining stability at the critical $0.00004002 support level. This stabilization comes after a period of downward pressure, raising speculations of a rebound on the horizon.\u00a0With bulls showing signs of resilience, the stage is set for a comeback that could redefine BONK\u2019s near-term trajectory. Will this level be the springboard for a recovery, or is further consolidation needed before the next move? Support Holds Steady: Signs Of A Bullish Rebound As market sentiment teeters between caution and optimism, determining the meme coin\u2019s recent hold at the $0.00004002 support level is crucial in order for investors and traders to reevaluate their positions ahead of potential volatility. Related Reading: BONK Jumps 20% As \u2018Dog Season\u2019 Starts, Analyst Says On the 4-hour chart, BONK is exhibiting a steady upward trajectory despite trading below the 100-day Simple Moving Average (SMA). After rebounding strongly from the critical $0.00004002 support level, the asset is making strides to extend its gains, aiming toward the $0.00006247 resistance zone. A successful breach above the 100-day SMA could further validate its recovery, possibly opening the door to higher levels. Also, the formation of the 4-hour Relative Strength Index (RSI) reveals a resurgence in buying pressure and a shift toward a more bullish market sentiment. When the RSI rises and reaches 50%, it could confirm its upside movement, giving BONK the strength to push higher and test key resistance levels. BONK Performance On The Daily Time Frame BONK is showing signs of a potential upward movement on the daily chart, staying above the 100-day SMA after a rebound at the $0.00004002 support level. Its maintenance above this support provides a foundation for further growth. If BONK can maintain its position above this level and continue building momentum, it could pave the way for a breakout and more upside movement. Furthermore, the daily RSI shows signs of a rebound, maintaining a steady position above the 50% threshold. The continued trend above this level implies that the asset is in a favorable position for more gains, with the possibility of a sustained rally. Should the RSI continue to climb, it could indicate growing confidence among traders and signal positive price action for the meme coin. Related Reading: Is BONK Rally In Jeopardy? Technical Indicators Confirm Weakness Thus far, BONK is at a pivotal moment, having found stability above the $0.00004002 support level and the daily 100-day SMA. If Bonk can sustain its position above this support and build on its current momentum, a potential recovery could be underway, possibly driving the price toward the $0.00006247 resistance level and beyond. Nonetheless, failure to maintain $0.00004002 may alter the meme coin\u2019s direction to the downside, causing it to retest lower support zones such as $0.00002962 and $0.00002320. Featured image from Medium, chart from Tradingview.com<\/p>\n","protected":false},"author":608,"featured_media":657673,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[92958],"tags":[87477,87481,90771,16393,14763,91599,85676],"class_list":["post-657671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bonk","tag-bonk","tag-bonkusd","tag-bonkusdt","tag-relative-strength-index","tag-rsi","tag-simple-moving-average","tag-sma"],"acf":[],"yoast_head":"\nBONK Finds Stability At $0.00004002, Can Bulls Spark A Comeback?<\/title>\n<meta name=\"description\" content=\"Bonk is holding steady at the crucial $0.00004002 support level, signaling a potential turning point for the meme-inspired cryptocurrency.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They\u2019ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won\u2019t trade them for anything else in this world. I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments. When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency. Trust me, I\u2019ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that\u2019s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets. My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies. Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people - people who make an impact in my life no matter how little it is. One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I'm so good at it. I am also very good at singing, dancing, acting, fashion and others. I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone's life. I don't chase illusions, I chase dreams. I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I\u2019m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top. I aspire to be a boss someday, having people work under me just as I\u2019ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.","sameAs":["https:\/\/x.com\/NFTwerey"],"url":"https:\/\/ktsl888.com\/author\/godspowerowie\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"BONK Finds Stability At $0.00004002, Can Bulls Spark A Comeback?","url":"http:\/\/ktsl888.com\/analysis\/bonk\/bonk-finds-stability-at-0-00004002\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/analysis\/bonk\/bonk-finds-stability-at-0-00004002\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/BONK-from-Medium.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/BONK-from-Medium.jpg?fit=1280%2C720"},"articleSection":"BONK","author":[{"@type":"Person","name":"Godspower Owie"}],"creator":["Godspower Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bonk","bonkusd","bonkusdt","relative strength index","rsi","simple moving average","sma"],"dateCreated":"2024-12-06T01:00:18Z","datePublished":"2024-12-06T01:00:18Z","dateModified":"2024-12-06T01:00:18Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"BONK Finds Stability At $0.00004002, Can Bulls Spark A Comeback?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/analysis\\\/bonk\\\/bonk-finds-stability-at-0-00004002\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/analysis\\\/bonk\\\/bonk-finds-stability-at-0-00004002\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/BONK-from-Medium.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/BONK-from-Medium.jpg?fit=1280%2C720\"},\"articleSection\":\"BONK\",\"author\":[{\"@type\":\"Person\",\"name\":\"Godspower Owie\"}],\"creator\":[\"Godspower Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bonk\",\"bonkusd\",\"bonkusdt\",\"relative strength index\",\"rsi\",\"simple moving average\",\"sma\"],\"dateCreated\":\"2024-12-06T01:00:18Z\",\"datePublished\":\"2024-12-06T01:00:18Z\",\"dateModified\":\"2024-12-06T01:00:18Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/BONK-from-Medium.jpg?fit=1280%2C720","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/657671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/608"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=657671"}],"version-history":[{"count":4,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/657671\/revisions"}],"predecessor-version":[{"id":657999,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/657671\/revisions\/657999"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/657673"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=657671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=657671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=657671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}