The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.
In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.
Bongo support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.00 - $0.0₅6770 | |
| Resistance 1 | $0.00002561 - $0.00004157 | |
| Resistance 2 | $0.00005421 - $0.00005897 | |
| Active 1 | $0.0₅4083 - $0.0₅8846 |
ASK clears the resistance zone at $0.00002561 - $0.00004157 and holds above it. That would strengthen the breakout case and shift attention to $0.00005421 - $0.00005897.
ASK loses the support zone at $0.00 - $0.0₅6770. That would weaken the setup and open the way toward $0.00 - $0.0₅6770.
ASK continues trading between $0.0₅6770 and $0.00002561. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.0₅6289 | Bullish | ASK is trading above the 50-day average. |
| SMA200 | $0.0₅5367 | Bullish | ASK remains above the long-term trend line. |
| EMA50 | $0.0₅6365 | Bullish | ASK is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.00002470 | Bearish | ASK is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 100.00 | Overbought | RSI (14) is elevated at 100.00, which suggests upside momentum may be getting stretched. |
| Stoch RSI (14) | 0.00 | Oversold | Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme. |
| MACD | 0.0₆1033 | Bearish | MACD is below its signal line. |
| ATR | 0.00% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.0₅6770 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | -66.67 | Neutral | CCI (20) is at -66.67, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $0.0₂₀2541 | Bullish | Awesome Oscillator is above zero at $0.0₂₀2541, which supports bullish momentum. |
| Williams Percent Range (14) | 0.00 | Overbought | Williams Percent Range (14) is near the top of its recent range at 0.00. |
| Bull Bear Power (13) | $0.0₈6705 | Bullish | Bull Bear Power (13) is positive at $0.0₈6705, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 0.00 | Oversold | Ultimate Oscillator is weak at 0.00, which suggests multi-timeframe downside momentum may be stretched. |
| Hull Moving Average (9) | $0.0₅6770 | Bearish | ASK is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₅6770 | Bullish | ASK is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, Bongo price was most positively correlated with the price of Venice Token (VVV), Cosmos (ATOM), BitTorrent (BTT), Tezos (XTZ) and Polkadot (DOT) and most negatively correlated with the price of Beldex (BDX), Morpho (MORPHO), Pudgy Penguins (PENGU), JUST (JST) and Sky (SKY).
| Name | Correlation |
|---|---|
| Venice Token | 0.932 |
| Cosmos | 0.874 |
| BitTorrent | 0.847 |
| Tezos | 0.802 |
| Polkadot | 0.748 |
| Name | Correlation |
|---|---|
| Beldex | -0.867 |
| Morpho | -0.795 |
| Pudgy Penguins | -0.732 |
| JUST | -0.719 |
| Sky | -0.686 |
Bongo price is positively correlated with the top 10 coins by market cap with a price of 0.247, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.107. Currencies that are positively correlated with Bongo indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Bongo, a move in one direction for Bongo would translate into a move in the opposite direction for the negatively correlated coin.
