#Bonk price has been on the rise, breaking through the $0.00003000 resistance thanks to bullish momentum.
Over the initial two months, $BONK surged by an impressive 400%, hitting its all-time high of $0.00004800.
Throughout the past month, BONK has traded between $0.0000200 and $0.0000300.
On May 20th, after a prolonged consolidation, $BONK breached the psychological resistance of $0.00003000, reaching a recent high of $0.00003483.
The daily chart shows a pattern resembling an Inverted Head and Shoulders, indicating potential bullish movement.
Meanwhile, the hourly chart displays BONK trading within a Bullish Flag Pattern.
According to Coingabbar Prediction, Bullish momentum aims for a move to $0.00003700, with a successful breach possibly leading to a rise to $0.00004800.
Failure to surpass the $0.00003500 level could empower bears, potentially driving the price back to retest $0.00003000.
KEY LEVELS :
RESISTANCE LEVEL : $0.00003700-$0.00004300
SUPPORT LEVEL : $0.00002700-$0.00002000
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