Bonk (BONK) put a stop to the sharp decline: An increase of more than 25 percent!

Bonk (BONK), which collapsed after being listed on popular crypto exchanges, received a reaction from a critical level and turned its course upwards.

BONK, the leading memecoin of the Solana ecosystem, lost 60% of its value after making its ATH, causing investors to worry. The popular coin, which succumbed to the decline of the BTC and the selling pressure, found buyers from a critical region and started to rise. With an increase of 9.43 percent in the last 24 hours, the BONK, which ranked second in the "Most Very Rising" list, put an end to its breathless decline and relieved its investors a little. It is eagerly awaited how the next process will proceed for BONK.

Ekran Resmi 2023 12 29 09.28.36 1## A formidable resistance to overcome in front of you!

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The BONK, which gained upward momentum at $0.00001238, increased by 26.50 percent in total. For the time being, the BONK moving into a high-seller zone may catch more buyers if it exceeds $0.00001743 – $0.00001787 and move towards $0.00001871 – 0.00002057 – 0.00002173 and $0.00002287, respectively. However, during this process, the volume of the memecoin market and the news about the Solana ecosystem will play an important role.

If BONK has difficulty breaking through the $0.00001743 – $0.00001787 range, the memecoin trend loses its strength, or a fud news from the Solana ecosystem will directly pull the pair to lower levels. In such a scenario, pullbacks up to $0.00001490 – $0.00001333 and $0.00001238, respectively, could occur.

Ekran Resmi 2023 12 29 09.56.38

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