Bonk, Floki, and Celestia face volatile 2025; Bonk eyes $0.0000852, Floki $0.000344, and Celestia $1.80 amid market shifts.
Over the past 24 hours, meme coins such as Bonk (BONK) and Floki (FLOKI) have outpaced the broader market recovery, extending the double-digit gains from Sunday. Celestia (TIA) makes its way to the top performers leaderboard, where it maintains the gains from Sunday but is unable to surmount a critical resistance level. In general, the technical outlook of the best crypto gainers indicates a bullish inclination toward meme coins, whereas Celestia is exhibiting mixed signals.
The exceptional recovery of Bonk is directed at the high level of May
On Monday, Bonk’s sixth consecutive bullish candle was printed on the daily chart, as it edged higher by 3% at press time. BONK’s bullish start this week is aimed at the highest price in May, as evidenced by the wedge pattern breakout that resulted in a 46% surge last week, as illustrated in the chart below.
Bonk’s intraday advance has successfully reclaimed the 78.6% Fibonacci retracement level at $0.00002218, which was retraced from the low of $0.00000886 on April 7 to the high of $0.00002581 on May 12. The $0.00002581 level, the inception point of the falling wedge pattern, could be the target of a daily close above the $0.00002218.
The Moving Average Convergence/Divergence (MACD) indicator indicates that the MACD and signal line have crossed into positive territory, which suggests that the trend momentum is increasing. The green histogram bars demonstrate an upward trend, indicating that the uptrend’s momentum is on the rise.
At 74, the Relative Strength Index (RSI) enters the overbought zone, suggesting a surge in buying pressure amid the threat of profit-booking.
If BONK is unable to maintain its position above $0.00002218, it may retest the 50% Fibonacci level at $0.00001734.
Floki’s breakthrough trend encounters a critical resistance level
At press time on Monday, Floki had increased by more than 2%, which extended the 14% gains from Sunday. An upper boundary line connected by the May 12 and June 11 highs separates the meme coin recovery from a declining channel.
Floki is approaching a critical resistance level at $0.00008807, representing the daily close of June 2. The meme coin could reach its highest price of June at $0.00009839 if it can make a clear break above this critical threshold.
The MACD indicator indicates an ascending trend, with the signal approaching the zero line. The uptrend in the ascending histogram bars from the same line indicates that momentum is increasing.
The RSI at 59 remains above the halfway point, indicating potential for further growth before the overbought levels are reached.
On the downside, FLOKI may revert to the previous week’s low at $0.00006948 in the event of a bearish day’s close.
Celestia experiences difficulty in a sideways direction
On Sunday, Celestia experienced an 8.73% increase in value while maintaining its position below the $1.68 resistance level established by the June 24 high. As illustrated in the chart below, TIA experiences a sideways trend shift after a channel breakout. The lower boundary is $1.31, the lowest price recorded in June.
A daily increase in Celestia’s price above $1.68 could sustain an upward trend, to reach the $1.93 low from June 5 and the psychological round figure of $2.00.
While the MACD indicator suggests a recovery in trend momentum, a complete bullish reversal necessitates the MACD and signal line to surpass the zero line.
The RSI at 48 is currently below the midway line, indicating that it is unable to indicate a bullish shift in trend momentum.
On the other hand, a reversal could result in a retest of the $1.31 support level, extending the consolidation range.