Bonk (BONK) Price Movement – What’s Next? 🚨
BONK recently broke out of its consolidation phase around $0.000022 and surged past the $0.000030 mark. It's now hovering just below a key resistance level near $0.000037.
This price zone has become a critical spot for traders — both technically and psychologically — as momentum has started to slow down after a sharp climb.
Since July 12, BONK has been in a steady uptrend, climbing from around $0.000022 to a peak just under $0.000037. The consistent formation of higher highs and higher lows points to strong buying interest.
A big move happened on July 16, when BONK jumped from roughly $0.000030 to nearly $0.000037 in just a few hours. Right now, it’s trading close to $0.00003662, just under that resistance zone.
There have been multiple rejections near $0.000037, hinting at active sellers in that area. Still, the overall trend remains bullish.
On the downside, short-term support has formed around $0.000035, which used to be a resistance level. A stronger support range lies between $0.000030 and $0.000031 — the zone where BONK consolidated before its breakout. If prices dip, this is where buyers may step back in.
If BONK can push above $0.000037 with strength, the next targets could be around $0.000045 and possibly even $0.000065, assuming the bullish momentum keeps up.
Volume has been steady throughout this move, but the recent dip around current levels might point to some short-term exhaustion or a pause before the next leg.
