The market is brightening: BONK and FLOKI are breaking out, TIA is facing a key resistance level.

Meme tokens like Bonk (BONK) and Floki (FLOKI) continue to break through strongly with double-digit gains since Sunday, far surpassing the overall market bounce back rate in the past 24 hours. Meanwhile, Celestia (TIA) has also made its name among the leading group thanks to a slight increase and holding onto gains since the weekend, although it is still struggling in front of a key resistance level. Overall, the technical signals from the strongest rising coins reflect the market sentiment leaning towards a bullish trend, especially with meme coins, while Celestia shows a technical picture that is not yet truly clear.

Bonk bounces back impressively, aiming for the peak in May

BONK ( started the trading session on Monday morning with a slight increase of 3%, marking a series of 6 consecutive green candles on the daily chart – a rare positive technical signal. After a spectacular breakout from the descending wedge pattern and recording an increase of up to 46% last week, BONK is showing clear bullish momentum as it aims to retest the highest peak of May.

The developments of the day have helped BONK regain the 78.6% Fibonacci retracement level at $0.00002218 – calculated from the bottom on April 7 )$0.00000886( to the peak on May 12 )$0.00002581(. If the price maintains a close above this level, the meme coin could very well advance to the level of $0.00002581 – the starting point of the previous descending wedge pattern.

![])https://img-cdn.gateio.im/webp-social/moments-5c41165b08939c90c056e2be149a79c2.webp(BONK/USDT daily chart | Source: TradingViewTechnically, the current uptrend is being reinforced by multiple positive signals. The MACD indicator shows that the MACD line has crossed above the signal line and both have moved into positive territory – a clear sign of a strong rise to the sky. At the same time, the green histogram continues to expand, reflecting an increasing bullish momentum.

The RSI index is currently at 74, which has entered the overbought territory. This indicates that buying pressure is dominant, but it also raises a warning about the potential for profit-taking pressure in the short term.

In the event that BONK cannot hold above the mark of $0.00002218, the possibility of the price bouncing back to test the 50% Fibonacci level at $0.00001734 is completely possible.

Floki breaks out, hitting an important resistance level

Floki recorded an increase of over 2% on Monday morning, extending an impressive rise of 14% since Sunday. Notably, this meme coin has broken the descending channel pattern – with the upper trend line established from the peaks on May 12 and June 11 – opening up short-term bullish prospects.

Currently, Floki is approaching a key resistance level at $0.00008807 – which is also the closing price of June 2nd. If it decisively breaks through this price range, Floki could aim for the June peak at $0.00009839.

![])https://img-cdn.gateio.im/webp-social/moments-ed0d7e87781554c032b4a695fb0914a4.webp(Daily FLOKI/USDT chart | Source: TradingViewTechnical signals are leaning towards the bulls. The MACD line and the signal line are converging near the 0 level, while the histogram continues to expand positively – indicating an increasingly strong bullish momentum.

The RSI index is also maintaining at a level of 59 - higher than the average threshold but still has room before reaching the overbought zone, indicating that there is still potential for price increases.

However, if selling pressure unexpectedly takes over and the trading session ends in the red, FLOKI risks returning to the bottom area of last week around the mark of $0.00006948.

Celestia is struggling within a sideways range

Celestia )TIA( recorded an impressive rise of 8.73% during Sunday’s trading session; however, the upward momentum was quickly halted below the important resistance level at $1.68 – the peak set on June 24th. After breaking through the descending channel structure )as shown in the chart below(, TIA transitioned into a sideways state, with short-term support at $1.31 – the lowest bottom in June.

If the price can surpass the barrier of $1.68 on the daily timeframe, the bounce back trend will be more clearly reinforced. At that point, the mark of $1.93 – the bottom on June 5th – will be the next target, before aiming for the psychological level of $2.

![])https://img-cdn.gateio.im/webp-social/moments-f0c00226c1296db2fb14b644c403b5e7.webp(Daily chart TIA/USDT | Source: TradingViewThe MACD indicator is sending a positive signal as the recovery momentum gradually forms. However, to confirm a solid bullish reversal trend, both the MACD line and the signal line need to break into the positive zone.

The RSI index is currently at 48 – below the average threshold of 50 – reflecting that market sentiment is still cautious and the upward momentum is not yet clearly defined.

On the contrary, in a negative scenario, if TIA cannot hold its upward momentum and reverses to decline, the price may once again test the support zone of $1.31, extending the sideways accumulation phase in the short term.

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