BONK is showing signs of renewed strength as bullish momentum begins to build. The recent price action indicates that bulls have regained control, pushing the token out of its recent slump.
As the market shifts, traders are now eyeing a potential upside breakout, with BONKâs next targets becoming increasingly clear
. Could this be the beginning of a fresh rally, or will the bears attempt to reclaim their dominance once again?
The price is consolidating near a small trendline and we may see a breakout rally toward the upper trendline.
If a breakout occurs, potential targets of $BONK to watch are around 0.00002500, 0.00003343, and ultimately 0.00004817.
In this article, weâll provide an in-depth analysis of BONKâs recent price action following its pullback and explore the renewed bullish strength that has emerged.
By examining key technical indicators, weâll assess whether this shift in momentum signals the potential for further upside and a breakout, or if the token is likely to face resistance in the near term.
The meme coin is trading above the 100-day Simple Moving Average (SMA) and is demonstrating strong momentum, with a current focus on moving toward the $0.00002962 level.
Maximum of $0.0050, by the end of 2030
