📈 BONK’s Next Move? Accumulation Speaks Louder Than Hype

$BONK 🐶 is up +38% in the past 7 days — and the bulls aren't done yet.

🟢 $33.22M worth of BONK has been snapped up, mostly by spot buyers ($31.44M), moving tokens into private wallets. That’s a strong long-term signal 📦. Historically, such accumulation precedes major rallies.

🧠 Even “Smart Money” joined the party with $1.78M in inflows — the largest among all Solana memecoins last week, per Nansen. These wallets don’t play around.

💥 Derivatives confirm the mood — Funding Rate stays positive (0.0114%), with long positions dominating. Traders are literally paying to stay bullish 💸.

📊 AMBCrypto reports BONK broke out of a bullish setup, targeting $0.00003900. But eyes on resistance at $0.00003461 and $0.00003680.

⚠️ One red flag? The market is still in distribution mode. In the last 24h alone, 31.88T BONK was offloaded — so it’s a battle between diamond hands and short-term flippers.

📌 If distribution slows, BONK could break out hard. But if sell pressure returns, it might stall the run.