#BONK# #PI# #TURBO# #WİF#

BONK coin is in the accumulation phase before the rise.

At the beginning of the week, while the best meme coins showed a decline due to the market downturn, BONK coin differentiated itself by displaying a positive movement daily. In the last day, the meme coin increased by 4.5%, and its trading volume rose by 34% to reach 170.66 million dollars.

The BONK coin dropped from the level of 0.000020 dollars to 0.000015 dollars under current market conditions at the beginning of last week.

Looking at the price outlook of BONK coin, it dropped below 0.000010 dollars in March and April, forming a double bottom, and transitioned to an upward trend after mid-April. However, the important support level for the meme coin, which could not hold at the 0.000020 dollar level, is 0.000018 dollars. BONK confirmed the reversal after the long-term EMA crossed above the 50 EMA. Overall market analysts predict that BONK coin is testing the breakout zone.

Is BONK coin in the buying zone?

Analyst Altcoin Sherpa, who tracks BONK coin price movements, indicated that the price of the meme coin is in a good area to buy due to the downward trend that has occurred since the weekend. The analyst stated that he would continue to be patient with BONK coin, pointing out the range between 0.000016 and 0.000017 dollars, where he plans to make purchases.