BONK Price Rebound Likely: Analyzing Market Structure and Bullish Momentum
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Bonk (BONK) recently faced a challenging time, losing 22% of its value since July 22. Despite this downturn, analysts observe that the meme coin's bullish market structure remains intact. This suggests that a price rebound might be on the horizon.
Analysts express optimism about a potential recovery, driven by signs of sustained bullish momentum despite recent losses.
The analysis brings hope to investors, reinforcing the inherent volatility and potential for recovery in the cryptocurrency market.
Source: en.coinotag.com ↗
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