Meme coinsThis accumulation occurred while price sits on a long-term support zone, historically linked to demand absorption 🧱
October marked the peak, with over… pic.twitter.com/UYpuk5PMxz
Per the recent post by theUnipcs, BONK price action looks interesting and seems ready for a major move. The major resistance to watch out is near $0.00001250 – $0.00001400, while the strong support zone exists around $0.00001000.
Overall, bullish momentum is gradually returning across the meme coin space, SHIB, FLOKI and BONK are entering into the bullish phase.
FAQs
When large-cap assets like Bitcoin and Ethereum trade sideways, short-term traders often look for higher volatility elsewhere. Meme coins tend to attract this flow because they react faster to shifts in speculative appetite.
Rapid price moves can reverse just as quickly, especially if broader market sentiment weakens. Liquidity gaps and crowd-driven trades can amplify losses during sudden pullbacks.
Short-term traders and early entrants often benefit from sharp moves, while late buyers face higher downside risk. Long-term holders may see improved liquidity but still experience high volatility.
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