BONK2SOL: Attempting to be Supportive above the 0.618/0.236 Zone

١١ مايو

BONK2SOL is currently trading above the log scale high to low 0.236 and the linear scale 0.618 Fibonacci Zones which happen to be confluent with one another, in addition to that the 21-Day SMA has come in at these zones and also seems to be adding a bit of support here. If BONK2SOL can hold these levels, I'd picture it as some sorta Bullish Consolidation that could eventually lead to a Breakout targeting some of the higher log scale High to Low Fibonacci levels, potentially stretching all the way up to the log scale 1.618 Extension.