BONK Analysis:
The price of $BONK recently dropped below its critical support area, triggering a liquidity grab that shook out weaker hands. However, it quickly bounced back, showcasing its resilience and hinting at a potential bullish reversal. This sharp recovery indicates that the market might be gearing up for a significant rally, especially as meme coins are gaining renewed attention. Traders can consider accumulating $BONK below the $0.00003000 level, which offers a low-risk entry point. With a potential memecoin surge on the horizon, BONK could lead the charge. Just ensure proper risk management with stop-losses set slightly below the accumulation zone to safeguard against volatility.