$BONK

UPDATE on BONK—loaded with fresh price action, on-chain signals, and setup ideas:

📊 Current Snapshot

Price: ~$0.0000218 (≈ +10% in 24 h, +52% weekly)

Volume: ~$1.4 B (24 h), signaling high activity

🚀 Catalysts Driving Momentum

1. ETF Hype: Tuttle Capital’s 2× BONK ETF—earliest launch penciled for July 16—is fueling bullish speculator flow .

2. Token Burn Story: Nearing 1 million holders, triggering a 1T BONK burn—heightening supply squeeze anticipation .

3. On-Chain Mechanics: LetsBONK.fun platform is actively buying and burning tokens; BONK broke out from wedge/triangle patterns on strong volume .

📈 Price Structure & Technicals

Support: ~$0.0000162–$0.0000167 (recent dip holds strong)

Resistance: Near ~$0.0000177–$0.000018; next key upside target is ~$0.00002397 (~2× rally) .

Chart Setup: Cleared falling wedge & symmetrical triangle formations—a reliable bullish technical cue .

🎯 Trade Strategies

Strategy Entry / Trigger Target(s) Stop-Loss

Dip Buy $0.0000170–$0.0000175 $0.0000185 → $0.0000239 < $0.0000160

Breakout Long Close > $0.000018 on volume $0.0000239 → $0.0000337 Retest ~$0.000018

Event Play (ETF/Burn) Around July 16 trigger $0.0000337+ (100%+ move) Trail per volatility

⚡ Quick Take

BONK is firing on all cylinders—ETF speculation, token-burn mechanics, strong chart breakouts, and high-volume liquidity. A breakout above $0.000018 could ignite a 100%+ rally to $0.0000337. Dips to $0.000017–$0.0000175 offer risk-efficient entry for savvy swing traders.

➡️ DYOR .

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