Bonk (BONK): brief price analysis
(note: the post contains data by CoinPedia)
With a 21% jump last night, the Solana-based meme coin BONK price takes off for a new bull run.
With the breakout rally gaining momentum and an overnight jump of 10%, the meme coin is challenging the 50% Fibonacci retracement level. On a positive note, the golden crossover in the 4H chart increases the uptrend possibility.
As per the Fibonacci levels, the uptrend could hit the $0.00005877 mark or the 1.618 FIbonacci level.
