According to data from a reliable source, BONK (a memecoin on Solana) is currently priced at $0.00002145, up +4.94% in 24 hours but the 1-year profit remains negative (-36.8%). Here are the key points to consider:
1. Technical signals and resistance
Key resistance level: The price of BONK is facing resistance at 0.0000249** (according to analysis from AmbCrypto). If it breaks through, the expected target is **0.000035 (up 63% from the current price).
Important support: The mid-term support level is $0.000018–0.000020. If the price drops to this level, it could be a potential buying opportunity.
2. Market sentiment and cash flow
Twitter Community: Some traders expect BONK to 'break out' if Bitcoin continues to rise, but there are also warnings about the risk of correction. For example:
"If BONK breaks $0.000021, FOMO will increase significantly" (J777Crypto).
"Whales are accumulating BONK" (coinank_com reports a whale bought $682k BONK).
Derivatives data: Open Interest increased from 8.5 million to 12 million (AmbCrypto), indicating interest in the uptrend.
3. Industry comparison and risks
Position in the Meme industry: BONK belongs to the memecoin group, which has high volatility. The ssiMeme index from SoSoValue decreased -2.8% in 24 hours, reflecting overall selling pressure.
Short-term vs long-term ROI: The 1-month profit of BONK is +16.19%, but 1-year is -36.8%, indicating the risk of holding long-term.
4. Recommendation
Optimal scenario: If BONK holds the support at 0.000020** and Bitcoin stabilizes, the price may test the resistance at **0.000025.
Main risk: If Bitcoin drops significantly, BONK could fall to $0.000018, the lowest since May 2025.
