Price Correction Hits Meme Coin BONK Amid Bullish Run
- BONK experiences a price correction after a strong bullish rally.
- Key support levels at $0.000002962 and $0.000002320 are crucial for potential recovery.
- The Relative Strength Index (RSI) indicates cooling momentum from overbought levels.
- Profit-taking and increased selling pressure contribute to the pullback.
- Bulls need to regain control to steer BONK back toward recent highs.
Despite a temporary pullback due to profit-taking and selling pressure, BONK’s ability to hold key support levels like $0.000002962 will be vital for determining if bulls can revive its uptrend.
Source (2.6)https://www.newsbtc.com/analysis/bonk/meme-coin-bonk-faces-price-correction/?rand=52377
