A closely followed crypto strategist believes one memecoin running on Solana (SOL) is not yet done rallying, even after posting over 60% gains this month.
Pseudonymous analyst Altcoin Sherpa tells his 245,000 followers on the social media platform X that he’s bullish on Bonk (BONK) following the altcoin’s breakout of an accumulation zone on the three-day chart.
The trader shares a chart suggesting that BONK can rally to as high as $0.0000262 after taking out its resistance at $0.0000142.
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“BONK is going much higher (I have a bag). Looks good on the charts as well.
Think I’m going to add to my position if I get a small dip.”
Source: Altcoin Sherpa/X
At time of writing, BONK is trading for $0.0000182.
Turning to the native
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