The Solana-based Memcoin bone fell back after jumping more than 20% earlier this week, but remains in bullish mode amid increased merchant activity.
Bonak increased by 21% in a 24 -hour period in Thursday and deployed himself as the strongest artist amidst major cryptocurrency. It was recently trading at $ 0.00001673, 1.68% profit, with the price action $ 0.00001606 to $ 0.00001751, 9.4% intraday swing.
Fuel tage increases the speed around 2x leveraged bonac ETF, 16 July confirmed with tatal capital management Regulatory approval pending as a possible launch date as soon as possible.
Bonac is bonac On reaching 1 million holdersA milestone that will trigger 1 trillion token burn, potentially reduce supply and increase the upside down pressure. It currently claims over 943,000 holders.
Technically, the Bonak is freed from both falling veg and symmetric triangle patterns, which, according to the analytical model of coinsch research, indicates an infection for possible expansion from consolidation.
Analysts point to firm support at $ 0.000013 and resistance near $ 0.000018. A successful violation above this resistance can unlock a potential path towards $ 0.00003372, if the speed is moved then represents the potential 100% reverse.
The rally coincides with a widespread growth in the Solana ecosystem, including increased verification participation and infrastructure investment. Aligned with strong fundamentals, technical assistance and speculative catalysts, Bonak can be prepared for an expanded breakout in the near period.
Technical analysis highlights
- Bonak reached $ 0.00001751 around 01:00 UTC with a notable 1.66B volume spike, establishing a high-volume resistance area.
- The price was traded in a tight band from 03:00 to 12:00 UTC, signaling consolidation post-ralli.
- The firm was held in the entire business session despite the main support intrade pullback at $ 0.00001627.
- Bonak experienced a sharp 1.5% inverted at 13:52 UTC on huge quantity (31.9B)To validate $ 0.0000164 as close-term support.
- Resistance is near $ 0.000017, testing several times between 02:00 and 06:00 UTC.
- According to the macro-tier chart pattern, the broad support area is around $ 0.000013.
- Bonak is both broken by falling veg and symmetric triangle structures, usually rapid setups.
- The RSI suggests the place to reversed further, there is no over -concert at the current levels. ,
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