Bonk (BONK) is trading at $0.0000102, staying under the MA-20 ($0.00001119), MA-50 ($0.00001372), and MA-200 ($0.00001981). This positioning signals persistent bearish momentum across short, medium, and long timeframes, with no sign of trend reversal after today’s 13.01% daily move.
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Oversold signals deepen as volatility and bearish momentum diverge
Momentum indicators for BONK on the daily chart remain negative. MACD and ADX both indicate ongoing seller strength, while daily oscillators (RSI 28.98, Stoch RSI, and CCI) reveal the asset is oversold. The Bollinger Band Percentage (BBP) and Awesome Oscillator continue to favor downside, aligning with the broader bearish trend. The price is trading close to the session high, but divergence between short-term rebounds and longer-term bearish momentum is evident as volatility remains high.
Last time we reported that Bonk remained under sustained selling pressure and technical indicators continued to confirm a bearish outlook. The article also discussed how dynamic resistance persists and highlighted the ongoing negative momentum.
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