BONK Breaks Out! Can It Reach $0.00004800 This Month?

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The BONK crypto looks bullish and has blasted gains in the last sessions. The sudden bounce from the bottom suggests the possibility of whale-buying activity and bull accumulation.

This week, sharp buying activity was witnessed, and the token pumped over 60%, revealing the bulls’ dominance. Meanwhile, the buyers are eyeing to retest the supply region of $0.00004500.

A break and close above $0.00004500 would trigger a sharp bull rally and might reach $0.00005800, followed by $0.00006000 in the next session.

At press time, the BONK crypto (BONK) price traded at $0.00003781 with an intraday gain of 0.10%, reflecting bullishness on the charts. It has a monthly return ratio of 54.20% and a yearly return ratio of 93.29%.

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