According to Crypto Analyst Cryptos6, Bonk is approaching a critical moment as it tests the 200-day simple moving average (SMA) at about 0.0000238, a level that has been a strong resistance during the decline. Decisive breakage and sustained movement surpass this long-term indicator, which may indicate a trend reversal, effectively marking the end of Bunker’s long bearish period. Cryptos6 stressed that retraction of this level would validate bullish momentum and reestablish buyer dominance, thus laying the foundation for extended gatherings.
Breaking the long-term SMA: Why this level matters
In X’s latest update, popular crypto analyst Cryptos6 noted that Bonk is flashing with signs of a major technological shift. Price is currently being tested for the 200-day SMA price is $0.0000238, and the region is widely considered the main trend definition level. Retraction of the area will be the first serious bullish reversal since Q1, suggesting that buyers are re-controlling after side or bearish pressure. This shift in control may spark interest from new investors and lay the foundation for extended gatherings.
What makes the setting even more interesting is that the current price and 0.5 Fibonacci back-test level is between $0.0000348. According to Cryptos6, the area usually becomes a magnet for breaking the drive momentum, creating space for rapid upward movement. If Bonk can firmly exceed 200 days of SMA, then the possibility of strong gatherings will be greatly increased as traders are likely to pile up behind this movement.
Cryptos6 also did not prevent bold projections. He suggested that Bonk’s chart set the stage for the explosive move of “God Candle”, a vertical price move that will quickly increase the token from $0.000025 to $0.00004.
BONK 3-way confirmation: Quantity, Trends and History Says “GO”
Cryptos6 firmly emphasizes that the combination of growing volume, strong trend consistency and compelling historical pattern symmetry reinforces the case of Bunker’s major breakthrough. The recent volume surge isn’t just noise. It reflects an increase in market participation and indicates accumulating, often the predecessor of price transfers. Meanwhile, Bonk’s price action is consistent with the key moving average, especially when it redetermines the 200-day SMA, which is a key indicator of long-term trend changes.
In summary, Cryptos6 describes the settings as “clean”, which means that the chart provides a well-defined structure and reliable level for entry and risk management. The risk/reward situation remains high as momentum continues to build and minimal resistance.
