$BONK daily structure is finally improving. 🐶
After the June capitulation, BONK printed a TD13 Buy / rocket near the low 🚀, then spent weeks moving sideways in what now looks like absorption.
Today’s move is important:
✅ price reclaimed the 50D SMA
✅ price is breaking the Supertrend ceiling
✅ RSI jumped into bullish territory
✅ CCI expanded strongly
✅ VMC bullish divergence is resolving upward
✅ Alt Strength is improving vs BTC
This is no longer just “boring chop.”
It looks like the bottom range is starting to break upward.
The key level now is $0.0⁵500.
If BONK holds above it, the next major test is the 100D SMA around $0.0⁵560.
Break the 100D, and this reversal can accelerate fast. 🔥
#LETSBONK