$BONK Bonk (BONK) has shown some positive momentum today but remains in a volatile state. The current price of 0.00004849 suggests it is trading near the lower end of its recent range, making it an attractive entry point for short-term traders looking for a potential reversal. However, overall market sentiment and macroeconomic factors may influence its direction in the coming days.

**Analysis:** The current price action indicates a cautious but optimistic outlook for Bonk in the short term. If it holds above the 0.000045 level, we could see a potential breakout toward 0.000060. A drop below 0.000040 would suggest a bearish trend, with further downside risk.

**Target Price (Short-term):** 0.000060

**Buy Price:** 0.00004800 – 0.00005000

**Current Price:** 0.00004849

Bonk remains speculative, so caution is advised with this altcoin.