BONK is currently in a short-term downtrend, with the price trading below the EMA(7), EMA(25), and EMA(99), signaling bearish momentum.
Bullish Outlook: If the price holds above the key support level of 0.00004738 and successfully breaks the EMA(25), the next potential targets are 0.00005150 to 0.00005500.
Bearish Outlook: A break below the 0.00004738 support could lead to further declines, with targets around 0.00004530 or possibly 0.00003921.