- BONK is trading at $0.00001593 with a 24-hour volume jump of over 308%, setting the stage for a triangle breakout toward $0.00002
- The RSI above 60 and the bullish crossover of the MACD confirm growing momentum, while $0.000001350 acts as a solid support base for further upside.
BONK (BONK) is setting up for a significant price surge as technical indicators align across key timeframes, volume surges past 308%, and the meme coin trades above crucial moving averages. A decisive breakout could ignite a rally toward the $0.000016–$0.000018 zone, and a potential bullish run to $0.00002.
BONK is the second-largest memecoin on Solana and currently trades at $0.00001593, marking a 27% gain in the last 24 hours. Its volume surged over 308% to $351.21 million, a clear sign of renewed trader interest. Its $1.24 billion market cap underscores its momentum revival.
Technical Indicators Signal Potential Bullish Breakout
BONK’s trading chart reveals a tightening symmetrical triangle, typically a precursor to a significant directional move. The RSI is reading at 67 with strength, while the MACD has printed a bullish crossover supported by expanding green histograms.
These indicators suggest mounting bullish pressure and an imminent attempt to breach the $0.000016 resistance level — the triangle’s upper boundary.
Notably, BONK has climbed above its 50-day EMA and 100-day EMA at $0.00001370 and is already aiming to rise beyond its 200-day EMA at $0.000016, a critical resistance for the next leg up.
Major Support Zones Establish Safety Net for Bulls
The structure below shows substantial accumulation. BONK has formed a solid double bottom between $0.00000960 and $0.00000900, acting as a resilient support area through recent retests.
This zone builds the foundation for further upside momentum. If $0.000016 is broken decisively, BONK could test $0.0000175 and extend to $0.000019 or $0.000020, which would match prior resistance zones and Fibonacci targets.
On the daily timeframe, BONK is reclaiming relevance among meme tokens. Volume spikes are recurring, and the price has closed multiple sessions above the 50-day EMA — a positive development.
Technical indicators, price structure, and the triangle pattern collectively point toward a probable bullish breakout. Traders and investors should monitor the $0.000016 level; a breakout there could trigger explosive moves in the near term.
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