Alright, folks, gather ’round. We’ve got three meme coins that are looking like they might just be ready to pop (not literally, please don’t sue me if they tank). PENGU, BONK, and POPCAT are all showing signs of a potential leg up, having recently pulled back to key support zones and now displaying early signs of a momentum shift. πΈ
Pudgy Penguins (PENGU) has bounced back from a support zone, because who doesn’t love a good underdog story? The price is now showing early signs of a potential reversal, with a bullish divergence on the RSI and a flattening MACD histogram. But let’s not get ahead of ourselves β PENGU still needs to break above the $0.012β$0.013 resistance zone to really get this party started. π
Oh, and just to keep things real, PENGU is still in a broader downtrend from May. So, you know, no pressure. π
Bonk (BONK) is looking like it might just bonk its way out of this falling wedge pattern. The price has bounced off the lower trendline, establishing support in the $0.00001370β$0.00001410 zone. And with a slight bullish divergence on the RSI, things are looking up (literally). π
The next major resistance lies around $0.00001860, which is just a fancy way of saying “this is where things might get interesting.” And if BONK can break above that, we might just see a move towards $0.00002100, or even $0.00002580. But let’s not get too ahead of ourselves β we don’t want to jinx it. π³
And finally, we’ve got POPCAT (POPCAT), which is also trying to break free from a falling wedge pattern. The price has bounced from the lower boundary, establishing support near the $0.29β$0.31 zone. And with a bullish divergence forming on the RSI, things are looking pretty good. π€©
The immediate major target is around $0.42, which is just a stone’s throw away from the 50-day SMA. And if POPCAT can break above that, we might just see a move towards $0.50, or even $0.60β$0.65. But again, let’s not get too ahead of ourselves β we don’t want to get too excited and spill our coffee. βοΈ
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2025-06-16 11:24