Memecoins like PEPE, Bonk, Floki etc. have been performing extremely well over the last few months. Their usecase is debatable, but does that really matter when a token rises 1,000%?
Where most memecoins have already seen a massive upwards move, HONK has seemingly just started after it rose over 150% over the last two days.
With a marketcap of around 5 million,...
As a price action trader im still waiting for confirmation and/or liquidity sweep however overall
chart looks great with a tons of confluence for a POTENTIAL reversal 😉
We are still bullish on a daily. Yesterday printed a doji candle in high confluence area - daily and 4-hours order block responsible for the last breakout .
We are playing around 200 SMA on...
#MEME trend is still continuing and HONK is still in accumulation zone after breakout , just smaller one. Usually this is good sign. This could explode in exponential price movement any time.
