The tokens test critical support zones that are consistent with multiple technical confluences, suggesting that sales pressures may be eased.
Large holders are actively accumulating large holders, reportedly reportedly reporting to buy around 80 billion tokens, which adds even more strength to the bullish potential of the market.
Price analysis: double bottom, symmetrical triangles, and upside potential
On the daily chart, Bonk/USD is integrated within a symmetrical triangle. This is a formation that often precedes a breakout.
Another notable development is the formation of a double bottom pattern near the support zone, a classic inverted signal indicating the potential fatigue of sales pressure.
Currently trading around $0.00001889, Bonk is located near the vertices of the triangle. When a double bottom pattern unfolds and the price exceeds the downward resistance line, bullish targets will focus, with key level of around $0.0000376, representing a potential 100% or more rise.
Source: TradingView
The relative strength index (RSI) is located at 37.35, supporting the possibility of oversold rebounding. MACD has not yet produced bullish crossovers, but if confirmation is confirmed, signs of convergence could support upward momentum.
Meanwhile, failures below the ascending support trendline will disable bullish setups and open the door to a potential decline to 0.0000696, a level that matches the previous demand zone. This results in a significant reduction of over 64%.
Will there be a 100% meeting?
Bong is a key moment. The combination of symmetrical triangles, double bottom layers, and sold indicators suggests a potential breakout.
Traders should carefully monitor volume spikes and resistance breakouts.
New Doge Presale raises $2.6 million at Bonk Eyes Breakout
As Bonk aims to be a 100% rally, Maxi Doge ($Maxi) shines as a high-energy meme coin that combines cryptocurrency trading with a culture of discipline, strength and motivation.
Inspired by Doge’s muscular, gym-focused version, the project emphasizes sustainability, confidence and strength, and encourages the community to approach both fitness and dealing with determination.
The main goal of Maxi Doge is to empower individual traders who aim for important profits but do not have the resources of the institutional players.
Through a powerful meme-driven identity, $Maxi motivates holders to be bold and committed, dealing with both training and market strategy at the same level of intensity.
Maxi Doge Holders can earn daily automated rewards for betting tokens and participate in weekly trading competitions and gaming tournaments through the Partner Futures platform.
While a dedicated Maxi fund guarantees liquidity and supports marketing, the project’s humor and impressive gym-themed visuals help attract new participants and strengthen their identity.
In particular, early supporters of the project are eligible to earn an annual staking reward of up to 129% after purchasing tokens through supported wallets like the best wallet.
To buy $Maxi before the next price goes up, you can go to the official Maxi Doge website and connect your wallet.
You can complete your $MAXI purchase using Crypto or by using a debit/credit card.
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Disclaimer: Coinspeaker is committed to providing fair and transparent reporting. This article is intended to provide accurate and timely information, but should not be considered financial or investment advice. Market conditions can change quickly, so we recommend that you review your information yourself and consult with an expert before making a decision based on this content.
A crypto journalist with over five years of experience in the industry, Perth has worked with leading media outlets in the Crypto and Finance world, gathering experience and expertise in this field after surviving the bear and bull market for many years. Perth is also the author of four self-published books.
Parth Dubey on LinkedIn