BONK saw a price increase of 12% driven by heightened interest from REX Shares’ ETF application. The asset surpassed its 20-day EMA, highlighting robust buying momentum supported by a Relative Strength Index of 52.57.
Should the purchasing pressure persist, potential resistance at $0.000033 may be breached, allowing BONK to rise to $0.000038. Conversely, a drop in demand could see the asset decline to approximately $0.000025.