$BONK has increased by 18.4% over the past week, reaching $0.00002333. The recent rise may create FOMO and attract speculators, which could help push BONK to the next resistance at $0.00002496. If the altcoin secures this level, further growth can be expected.
The altcoin is trying to hold at the support level of $0.00002272, which has previously been difficult to maintain. If it is breached again, the price could fall to $0.00001996, erasing a significant portion of recent gains. In this case, the bullish forecast will lose relevance.
