$BONK price is near the middle band (MB), which indicates a potential range-bound movement.

A close above the upper Bollinger Band ($0.00006169) could signal a continuation of an uptrend.

Recent red candlesticks reflect a loss of bullish momentum and possible profit-taking by traders.If the next daily close is below $0.00004146, it could confirm further downside.If BONK maintains its support level at $0.00004033 (the middle Bollinger Band), it could attempt another upward movement.