Bonk Crypto Puscent Top: Is a step exceeding $ 0.000025 after that? star-news.press/wp

• The weekly timeline has shown a declining structure, and $ 0.000026 must be reversed to support this to change this.
• Bonk’s high demand means that the step beyond the May height was possible later this month.

Bonk (Bonk) has seen an increase in demand and a strong bullish feeling in recent days.

Coinalyze data It revealed that the mimoin has witnessed a 4 % increase over the past 24 hours, but an 8 % increase in open interest. The speculative activity was another market for the upcoming power.

Bitcoin price (BTC) is likely to affect the Altcoin market, including the Memecoin sector. Less decrease from $ 107.3 thousand dollars can be turned quietly.

If the king’s currency continues in the side direction or higher, there is a good opportunity, Bonk may be able to challenge and overcome local highlands.

Bonk encryption fees towards its highest level in May

Source: Bonk/USDT on TradingView

The step exceeding $ 0.000018 on July 5 was the first real sign of recovery.

In a recent report, Ambrypto has shed light on bonk short -term expectations. This is, as it is clear from the strong gathering until after resisting the department number of $ 0.0022.

OBV has risen to the highest levels in May, and trading bars showed great daily trading sizes over the past few days.

This rise in demand can pay Bonk encryption prices about $ 0.000025, which is the high price of May. Fibonacci levels showed that the extension level of 23.6 % at 0.0000298 was an applicable target.

However, merchants and investors must remember that the weekly graph was landed, so that the area of ​​$ 0.0026 can be turned on support.

source: Coinglass

The heat map for liquidation confirmed expectations from the price scheme. The area was 0.0000256-0.0000262 dollars a large magnetic region.

Focusing the liquidation levels here means that the landmark was a possibility.

Since the demand and momentum behind the bulls were strong, the liquidity group in the sky of its head may cause a slight decline before another attempt to move.

Therefore, Bonk traders can already look at long -standing profits about $ 0.000026 and are waiting to develop price procedures before their next step.

Responsibility: The information provided does not constitute financial, investment, trading or other types of advice, which is just the opinion of the writer