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Popular Solana-based meme Munt Bonk has just flashed a large purchase signal after a dramatic price crash of 40% in the past week. The TD sequential indicator, a technical tool for identifying trend exhausting and price outlets, suggests that the meme coin can be prepare oneself for a strong rebound to new highlights. This can be an excellent entry for investors in the midst of the current decline.
New Parks Rebound -Hoop on Bonk
According to a new report Part by Ali Martinez, a prominent crypto analyst on X (formerly Twitter), the TD -sequential indicator has flashed a ‘9’ purchase signal on the Bonk Daily Chart. This Buy Signal After a week of consistent downward pressure that caused a crash of more than 40% in the Bonk price.
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Year-to-date, Bonk has registered a price profit of 60.4%, powered by Bullish Market Conditions and the increase in ask for meme coins Earlier last year. However, the data from Coinmarketcap shows that Bonk on one Major bearish routeAlmost all his winning wages in 2025.
Despite the decline, Martinez suggests that there can be a strong rebound on the horizon for Bonk. Usually a ‘9’ TD -sequential Analysis indicates that a trend can reach its limit. In the case of Bonk it gives one Potential price reputation van Beerarish trends.
The graph of Martinez shows a series of Beerarish black candles that match Bonk’s recent downward trend. The last white candle, which has activated the TD -sequential purchase signal, suggests that Bullish Momentum can be built up for the meme currency. For traders, this may indicate a possible buying option such as the right factors and market conditions.
To offer more clarity, when a cryptocurrency flashes a purchase signal on its graph, this often indicates that it can be a good time to enter the market. Steep Prime Buying -opportunities. These dips offer low prices, so that investors can actively acquire it with a discount for a potential rebound.
Bonk Slashes Delivery with 2 trillion
Bonk has in other news included An important milestone, with more than 2 trillion tokens permanently removed from blood circulation. The marketing team behind the Meme Coin proudly revealed this monumental performance on Friday 7 February and emphasized it The efforts of the community to reduce the stock of Bonk And inducing scarcity.
While the huge token fire surprised many members of the Bonk community, one user commentary that large -scale burns such as this would have been more effective if they were timed during the Bullrun, because this could have caused a stronger Price increase for Bonk.
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In general, Bonk is still being traded sideways, with considerable volatility and price fall. The burn of 2 trillion token has not had a noticeable impact on its price dynamics. However, analysts remain optimistic About his future price views.
Featured image of The Daily Dot, graph of TradingView
