Bonk Coin7.37 percent of the last 24 hours of the last 24 hours was a signal of recovery in the market. This rise in the price came after a loss of 28.79 percent in the last weeks. Analysts argue that Bonk’s current positive acceleration will compensate for the losses last month and return to their old levels.
OKX Users Tend to rise in Bonk Coin
Recently on the OKX exchange Bonus The purchase transactions for the purchase are remarkable. The tendency of users shows the belief of market participants in the stock market in the rise. Especially Long/Short ratio He goes above 1 and points out that buyers are more than sellers.
According to Coings data, the Long/Short ratio of OKX users has reached 1.91. This indicates that more buyers are on the market.
In addition to these developments Open Interest Weight Funding Rate It also increases to a positive level and shows that the purchase -oriented transactions are strengthened. According to experts, this may be the harbinger of the next major rally.
Important support and resistance levels for bonc
From a technical point of view, the price is seen to move within the falling channel. There are currently two important support levels. The first is $ 0,00001862, the second is 0.00001582 dollars. If the price can hold above $ 0.00001862, it may rise to $ 0.00005444 with an increase of 192 percent of the Bonk.
However, if the market sense changes, the price of the Bonk may decrease to $ 0.00001582. This support level is an important point for a potential recovery. Nevertheless, the price may fall more and go below the support levels.
On the other hand, analysts, Macd And Rsi The indicators warned that they also give a decrease signal. MACD continues to stay in the negative area and shows that there may be more losses in the short term. However, RSI has fallen below 30 and entered the extreme sale zone. This shows that the power of the sellers is starting to run out and the price can be recovered in the short term.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
