🚨 BONK/USDT Perp Update – Real-Time

Price: $0.00002700 🔼 +7.48%

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📊 Technicals & Trade Setup

BONK is consolidating around $0.000027–0.000028, with ascending support visible through double-bottom structure and wedge breakout signals. TradingView technical summary is neutral on daily, but weekly and monthly frames suggest strong buy momentum . CoinDesk reports a recent 8 % rally that stalled near $0.000030, followed by mild profit-taking .

Support zones: $0.000026–$0.000027 (base of current structure)

Resistance zones: $0.000029–$0.000030, breakout targets $0.000031–$0.000034.

Long bias: Entry $0.0000265–$0.0000270, SL ~$0.0000260, TP1 ~$0.0000290, TP2 ~$0.0000315–$0.0000340

Short scenario: If rejection near $0.000029–$0.000030, entry ~$0.0000295, SL ~$0.0000305, TP ~$0.0000270

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📰 Fundamentals & Narrative

BONK isn’t just a meme coin—it’s now a lab for gamified Solana use cases through Bonk! Arena, meme token factory Bonk.fun, and a DAO pledge to burn 1 trillion tokens upon reaching 1 million holders . Token-burning milestones and community growth continue to fuel sustained narrative momentum.

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🐋 Whale / Smart Money Activity

On-chain liquidity risk research flags high supply disparity in meme tokens like BONK, suggesting potential for structural instability, though exchange supply appears to be declining . Volume surges have outpaced supply, indicating possible smart-money rotation or accumulation before price run .

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🎯 Sentiment: Neutral–Bullish

Momentum remains strong on shorter frames and buildable higher if resistance breaks convincingly. Lack of bearish divergence supports upside continuation. However, macro sentiment around meme tokens and market fatigue should be monitored.

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📈 Summary:

BONK shows signs of stabilization near demand zone. Upside pressure keeps intact toward $0.000034 if $0.000030 is cleared. Fragile support around $0.000026 requires hold for bullish thesis to remain valid.

#BONK_USDT #CryptoAnalysis #SolanaMemeToken