🐶 #Bonk (BONK) – Momentum Cooled, But Still Watching the Chart
Yesterday, Bonk peaked at 0.00002463, but couldn’t hold the gains and slipped to a low of 0.00002155 today — a retracement of about 12.5%. It’s now trading around 0.00002186, hovering just above support.
The rally was powered by strong meme coin sentiment and market-wide optimism, but as volume faded and funding rates turned negative, BONK lost momentum. It’s a classic case of retail excitement cooling down fast once early profits are booked.
For now, BONK needs to reclaim 0.00002250 to build bullish structure again. If it fails to bounce from this zone, next support may come in around 0.00002020. Stay cautious, and wait for a clear higher low before jumping in.