CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

NullTx 2025-06-19 07:52:34

BONK PRICE ANALYSIS & PREDICTION (June 18) – Bonk Extends Bearish Following Another Rejection, Down 30% Monthly

Advancing bearishly weekly, Bonk charted a major loss in the past month and now looks highly bearish on the intraday trading. It may revisit the April low if the bulls fail to intercept the current drops. For over a month, Bonk’s price has been on a steady decline following a sudden price rejection at $0.000026 in mid-May. This led to a significant deduction and it closed that month well under the $0.00002 level. Reiterating negative actions this month, it broke lower and fell to a low of $0.000014 level last Friday, as it forms a new bearish pattern on the daily chart. Rejecting that low sharply, it consolidated throughout last weekend and closed relatively calmly. Holding the low as support, volatility increased on Monday, and the price rose to the $0.000016 level, raising bulls’ hope for a strong recovery. Unfortunately, the recovery didn’t last as the bears stepped back and the price dropped, leading to more bullish traps. That interception triggered another weekly drag down and the price dips. As of now, it looks poised for more drops. Further drawdowns from the current trading level could cause a severe bloodbath before halting the sell. From a technical standpoint, the bears will likely have the upper hand in the next few days. Meanwhile, the bulls are struggling to step back. If they manage to intercept the latest move, we can expect relief in the selling pressure. BONK’s Key Level To Watch Source: Tradingview The closest level for selling right now is $0.000013. If the price fails to bounce this key level, the lower support level to keep in mind would be $0.0000114, April’s pullback level. Losing it could reset the market to the $0.0000089 support, marked as April’s low. Aside from the current weekly $0.000016 high, higher resistance levels to keep in mind for a slight shift are $0.0000183 and $0.0000244. The $0.0000314 level is the next resistance to watch in case of a breakout. Key Resistance Levels: $0.0000183, $0.0000244, $0.0000314 Key Support Levels: $0.000013, $0.0000114, $0.0000089 Spot Price: $0.0000139 Trend: Bearish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta