BONK has risen over 125% from its breakout point, now trading at $0.00003356.
Resistance stands at $0.00003359, while key support holds at $0.00002789.
Trendline breakout projection points to a potential move toward $0.00004248.
BONK has posted a significant recovery after breaching a descending trendline on the daily chart, a level respected since late 2023. The price action follows a prolonged downtrend that began in November and continued through the first half of 2025. As of the latest session, BONK trades at $0.00003356 after a 20.0% daily increase. The trendline breakout was confirmed with strong upside momentum, propelling the token into a profit zone of over 70% relative to the breakout area.
Prior to this movement, BONK had been consolidating near lower support levels, with volume increasing gradually through July. The daily chart reflects this upward shift with multiple green candles leading to the breakout. These technical movements correspond to a projected gain of 125.37%, based on previous range calculations. With this level now surpassed, traders are monitoring price behavior near the upper band of the current resistance range.
BONK Holds Range Between Key Support and Resistance
Resistance has now formed at $0.00003359, closely aligned with the present trading level. This threshold has acted as a price ceiling over the past few sessions. Support is holding at $0.00002789, a base that sustained the recent rally. Price fluctuated within this defined band throughout the 24-hour range.
Movement beyond resistance remains limited for now, although price has yet to reverse below the breakout threshold. This suggests buyers are maintaining control. The gap between the support and resistance levels offers a narrow trading channel that may tighten further.
BONK Eyes Further Upside as Breakout Structure Holds Above Key Support
Based on chart projections, BONK’s breakout path suggests a move toward $0.00004248. This range aligns with a 152.05% extension from the trendline base. Price has already moved significantly within that projection, reducing the distance to full completion. Volume remains strong, supporting the current pace of gains.
This pattern reflects the same breakout framework seen in earlier upward phases, with price respecting trend-based movements. As long as support holds, the technical structure remains valid under existing range assumptions.
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