BONK – Solana Dog‑Coin: Whale Accumulation, Breakout & Meme‑ETF Hype

1. Today’s Snapshot

Trading around $0.00002878, 24h volume ~$1.1–1.5B; market cap ~$2.2–2.4B. Recently broke out of descending channel, now testing ~$0.000030–0.000031.

2. News & Catalysts

Whale accumulation and institutional flow continuing.

Technical breakout: +22–81% weekly, Bollinger expansion, RSI ~60, MACD bullish.

Leveraged $BONK ETF filings underway (REX/Osprey) → Q3–Q4 expectation.

Growing Solana TVL (+3.2%) benefits memecoin ecosystem.

3. Technical Analysis & Outlook

Breakout from descending channel; price above major MAs.

RSI ~60–62; MACD bullish; momentum strong.

Support: $0.000024–0.000026; Resistance: $0.000030–0.000031 → $0.000037–0.000039 → ATH $0.000058.

Bull: Above $0.000028 → rally to $0.000031+, then $0.000037–0.000039 and ATH.

Risk: Drop below $0.000026 → retest $0.000024–0.000025.

4. Investment Strategy ⚠️

Short‑term: Buy $0.000026–0.000028; Target $0.000030–0.000032; SL < $0.000024.

Mid‑long‑term: Accumulate $0.000024–0.000028; Aim $0.000037–0.000039; Extended target $0.000058; SL < $0.000024.

> ⚠️ Not financial advice. DYOR & manage risk responsibly.