Bonk’s currency price inched lower in the intraday levels while trading alongside the downward trend line in the short term, with negative pressure due to trading below the 50-day SMA, countered with positive signals from the RSI after reaching oversold levels, thus curbing the losses.
Therefore we expect the price to fall and target the pivotal support of $0.00001506, provided it settles below $0.00002479.
Trend forecast for today: Bearish