BONK confirms breakout above 0.00002389 with rising volume, defending support as meme coin momentum builds across the board.
BONK’s 3-day chart shows a clean cup formation holding strong at 0.00001200, now targeting the neckline at 0.00003300.
If BONK breaks 0.00003300 resistance, the next zone sits near 0.00005500 as high-timeframe buyers continue stacking dips.
BONK is accelerating with bullish force, breaking out from key levels and attracting attention across meme coin sectors. This surge is backed by strong volume, firm structural support, and a clean continuation pattern forming on higher timeframes.
Ascending Triangle Breakout Confirms Bullish Structure
BONK broke past 0.00002389 on the 8-hour chart, completing a clean ascending triangle breakout. The setup formed through consistently higher lows and compressed price action, creating a textbook bullish formation with firm structural symmetry.
Source: (X)
After the breakout phase, market analyst Crypto Candy emphasized that BONK is now trading at 0.00002394, firmly above the former resistance. He explained that buyers are actively defending every dip while the 50 EMA trends upward, confirming intact short-term momentum. Crypto Candy also noted BONK could climb toward 0.00003400 in the near term, backed by strong volume and clear invalidation at 0.00002084.
According to his chart view, BONK’s structure remains bullish as long as it holds above the breakout. He adds that the meme coin is attracting renewed interest across the market, reinforcing confidence in this recent surge. Crypto Candy believes this trend reflects more than hype, pointing to actual follow-through strength from market participants.
High-Timeframe Cup Formation Signals Further Upside
BONK’s bullish story isn’t limited to the short term; the 3-day timeframe reveals a larger cup formation nearing completion. This structure shows long-term support at 0.00001200, which has held firm on two separate occasions with rounded bases forming cleanly.
From this structure, analyst AltCryptoGems explained that BONK is now pressing toward the neckline resistance at 0.00003300. This zone aligns with prior rejections from December 2024 and March 2025, making it a significant hurdle. He adds that volume has increased steadily with each push, confirming buyer strength during mid-range consolidation phases.
https://twitter.com/AltCryptoGems/status/1943596133852549499
At this stage of the setup, AltCryptoGems believes a breakout above 0.00003300 could open room toward the previous high at 0.00005500. With price reacting confidently off support, he questions whether BONK could outperform other meme coins if momentum continues. The price behavior on these larger timeframes shows real structure, not a speculative spike.
BONK has now proven its ability to hold firm at support and build pressure into resistance. This current alignment of structure, momentum, and market confidence gives BONK a distinct edge in the meme coin landscape. The technicals remain bullish unless that breakout level fails to hold.