Bonk is currently testing a critical 6-month support level that will likely determine its short-term trajectory. Despite recent price declines, whale investors have increased their holdings, reflecting a bullish sentiment amid expectations of U.S. interest rate cuts and potential Bonk spot ETF launches. Technical indicators such as RSI and MACD hint at a possible recovery, with a breakout potentially pushing Bonk toward key resistance levels and significant gains. Meanwhile, emerging Dogecoin-themed projects like Maxi Doge are gaining momentum, indicating fresh excitement in the meme coin space.
Continue to read Bonk Faces Crucial 6-Month Support Test: Will the Next Move Spark a Major Rally?
Bonk is currently testing a critical 6-month support level that will likely determine its short-term trajectory. Despite recent price declines, whale investors have increased their holdings, reflecting a bullish sentiment amid expectations of U.S. interest rate cuts and potential Bonk spot ETF launches. Technical indicators such as RSI and MACD hint at a possible recovery, with a breakout potentially pushing Bonk toward key resistance levels and significant gains. Meanwhile, emerging Dogecoin-themed projects like Maxi Doge are gaining momentum, indicating fresh excitement in the meme coin space.
Continue to read Bonk Faces Crucial 6-Month Support Test: Will the Next Move Spark a Major Rally?
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