🚨 Gold Update: Bulls Eye $3,500 Again? 📈
08 Aug 2025
05 Aug 2025
Solana Meme Coins Show Recovery Signs –
Three Solana-based cryptos — BONK, PENGU, and SPX6900 — are pushing higher as bearish pressure fades and bulls step in.
🔸 BONK/USDT
✅ Up 4% today after forming a morning star pattern
🧭 Holding above key 50% Fib level ($0.00002350)
🎯 Targets: $0.00002958 → $0.00004105
📉 Downside risk if it drops below $0.00002350 (watch $0.00002129 EMA)
🔸 PENGU/USDT
🚀 Gained 6% on Sunday, now pushing toward $0.03713 Fib level
📈 RSI at 58 = bullish pressure building
🎯 Bullish Target: $0.04660 (last week’s high)
🛑 Support to watch: $0.02893
🔸 SPX6900/USDT
📊 Up 7.5% Sunday, continuing within a rising wedge
🔁 Bounced from trendline support — now aiming for $2.28
🧪 Indicators show declining bearish momentum
💡 Overall Sentiment:
Solana meme coins are bouncing after recent dips. If momentum continues, these assets could extend rallies this week. Watch key Fib levels and RSI shifts for confirmation.
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