Technical analysis by GoldenTrades_ about Symbol PONKE on 7/21/2024

PONK Update We entered at $0.45 and are currently up around 60%. I see this meme coin reaching a market cap of approximately $1 billion. However, the journey will be volatile with significant fluctuations. The price range of $0.80 to $1.00 will likely act as a resistance level, as PONKE would have a market cap of around $500 million at that point. Many other meme coins also have similar market caps at this level. You can take out your seed money around $0.80. Beyond that, the extended targets are $1.40 and $2.00. Hold your position for now.