As of May 7, 2025, Bonk ($BONK ) is trading at approximately $0.00001677, experiencing a slight decline of 0.03% over the past 24 hours.
Despite recent volatility, analysts maintain a cautiously optimistic outlook for BONK's short-term performance. CoinCodex forecasts a potential rise of up to 31.6%, projecting the price to reach $0.00002225 by May 11, 2025.
(CoinCodex)
Technical indicators suggest that BONK has completed a corrective phase and may be poised for a bullish breakout. Analysts identify key resistance levels between $0.00001880 and $0.00001950; a sustained move above this range could pave the way toward $0.00002175 and possibly $0.00002400.
(Coin Edition)
However, if BONK fails to surpass these resistance levels, it may continue to trade within a range of $0.00001380 to $0.00001800.
In summary, while BONK shows potential for upward movement, investors should remain vigilant of market dynamics and be prepared for continued volatility.
