🚀 $BONK On the Edge of Explosion: Are We Witnessing a Historical Moment?
$BONK is currently trading at $0.00002515 with a daily decrease of -1.52%, but technical and behavioral indicators suggest a potential price explosion soon.
🔍 Technical Analysis:
- A bullish flag pattern is forming on the 4-hour chart, with resistance at $0.00003657 and support at $0.00003282.
- Trading volume has increased by +135% to $1.25 billion over 24 hours, reflecting growing interest before the breakout.
- The RSI indicator at 54 indicates moderate momentum, while the MACD shows a slowdown in negative momentum, reinforcing the possibility of a bullish reversal.
🔥 Fundamental Factors:
- The upcoming burn event of 1 trillion BONK when the number of holders reaches 1 million (currently 968,758), which could reduce supply and ignite momentum.
- Inclusion of BONK in Grayscale's institutional watchlist boosts institutional confidence.
- The LetsBONK platform dominates meme coin launches on Solana with 82%, creating ongoing demand for BONK.
📊 Suggested Trading Levels:
- Accumulation Zone: $0.00002400 – $0.00002550
- Short-term Targets: $0.000031 then $0.000038
- Potential Technical Target: $0.00004800 (if the bullish flag breaks)
- Stop Loss: $0.00002180
🧠 Conclusion:
$BONK is no longer just meme noise — it is a project evolving towards strong fundamentals, supported by social and institutional momentum. If the technical resistance is broken, we could see a *35–40%* rise within days.