Memecoins BONK, FARTCOIN, and NOBODY are all hovering at key technical levels, with recent price action hinting at possible bullish reversals if key resistance zones can be broken in the days ahead. Bonk ( BONK ) is currently trading around $0.000014, having recently tested the upper boundary of a months-long descending channel. The price is now pulling back and may soon retest the $0.000010 support level, which coincides with both the lower boundary of the descending channel and a key horizontal support zone. If BONK price holds that level and rebounds, it could form the second leg of a giant double bottom pattern, with the neckline situated around $0.000025. A confirmed breakout above this neckline would signal a potential trend reversal and likely trigger a bullish continuation, with a potential to ultimately reach $0.000040, based on the measured move from the double bottom. Source: TradingView You might also like: Pudgy Penguins pops at NASDAQ with VanEck as market watches for PENGU price breakout Fartcoin ( FARTCOIN ) is currently trading at $1.11, showing signs of a bullish reversal after recovering from a low of $0.80. That low marked the second bottom in a developing double bottom pattern, with the first bottom at $0.86. The neckline of this formation is clearly defined around the $1.40 level. The recovery from the second bottom occurred on higher volume, which adds validity to the pattern and increases the probability of a successful breakout. After bouncing from the second bottom, the price has also formed a higher low and recently pushed to a higher high, moving above both the 20-day EMA and the 100-day SMA. If the memecoin ‘s price breaks above the $1.40 neckline, the next immediate resistance to watch is around $1.60, corresponding to a prior high. Should the bullish momentum sustain beyond this point, the price could potentially rally toward the $2 mark , a psychological level that’s also in line with the measured target derived from the full double bottom breakout projection. Source: TradingView You might also like: Fartcoin breaks out as golden cross and shark pattern point to $2 rally ahead Nobody Sausage (NOBODY) is currently trading around $0.020, consolidating after an explosive move on June 29 that saw the price surge more than 100% — from $0.011 to a high of $0.026 in a single day. This sudden spike pushed the price back up to test the 20-day EMA, a level it hadn’t touched in weeks. Since then, the price has pulled back slightly and is now hovering near the EMA, signaling market indecision. At the same time, NOBODY is pressing up against a key descending trendline, adding confluence to this resistance level. A confirmed daily close above both would indicate a potential shift in momentum and the beginning of a trend reversal. If the breakout occurs, the next resistance level to watch is in the $0.030–$0.035 zone, which acted as support in early June and later turned into resistance after the breakdown. A move above that range could open the door for a retest of the $0.045–$0.050 level, which marked the second major swing high on the descending trendline. The cluster of wicks in that range suggests that sellers heavily defended that zone. Source: TradingView You might also like: Believe memecoin launchpad rolls out rug protection features
