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Figure Heloc 
Bonk price continues to trade below its 200-day moving average, signaling weakness and the potential for a deeper correction if the current resistance zone remains intact in the short term. After a sharp capitulation event, Bonk’s (BONK) price action remains…
💡 DMK Insight
DMK Insight: The persistent trading of Bonk below its 200-day moving average indicates a bearish trend, suggesting that traders should be cautious. If the resistance zone holds, it could lead to further declines, emphasizing the importance of monitoring market sentiment closely. This situation serves as a reminder of the volatility inherent in crypto markets and the need for strategic risk management.
📮 Takeaway
Watch for Bonk's price action around the resistance zone to gauge potential further declines.
