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BONK rallies 10% to outperform other major cryptos; check forecast

  • BONK, the native token of the Bonk memecoin, has surged 10% in the last 24 hours, outperforming other major cryptocurrencies.
  • BONK is the best performer among the top 50 cryptocurrencies by market cap, currently trading at $0.00002326 per coin.
  • Technical analysis suggests BONK could rally above $0.00003265 with strong support at $0.00002062. The RSI indicates overbought conditions, while MACD lines show buying pressure.
  • In the event of an extended rally, BONK might retest the $0.00003265 level, but failing to hold above $0.00002218 could lead to a retest of the support at $0.00001734.

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