Crypto Strategist Sees Solana-Based Memecoin Surging Higher, Says One AI Altcoin Flashing Strong Chart
A closely followed crypto analyst believes one meme token operating on Solana (SOL) is in the early stages of a market recovery.
Pseudonymous analyst Altcoin Sherpa tells his 243,800 followers on the social media platform X that he’s bullish on the memecoin Bonk (BONK).
The trader shares a chart suggesting that BONK will face resistance at the $0.000012 level before printing a bullish higher low setup and rallying to his target above $0.0000145.
“BONK is looking strong in the short term, and should go higher. Should be a pullback around the 200 EMA (exponential moving average) on the four-hour chart but still, I think this has pulled back enough to where any buying down here is probably reasonable.”
