$BONK is making a strong push toward its all-time high, jumping 25% in the last 24 hours and 75% over the past week. It’s now trading near the key “golden pocket” Fibonacci zone, with bullish technical indicators and rising trader interest.
Trading volume has hit $2.4 billion, derivatives activity is soaring, and over $3.39 million in short positions were liquidated. BONK also gained credibility after being added to Grayscale’s watchlist and now leads meme coin creation via LetsBonk.fun.
If momentum holds, BONK could retest its ATH of $0.00005916, but a rejection at current levels could trigger a short-term pullback.
