😱🔥BONK Bull Rally is one step away”🚀🚀
According to an analysis, the bullish formations formed on the $BONK price chart indicate a 250 percent rally.
According to the chain behind, $45.73 million worth of #BONK was recently withdrawn from centralized exchanges. This situation was interpreted as preparation for a potential rise.
The popular memecoin BONK, which is on the Solana blockchain, is gaining strength amid increasing demand and whale interest. According to an analysis prepared by AMBCrypto, a bullish pattern has formed on BONK's daily chart.
The analysis suggested that the pattern indicates a 40 percent increase in a short time and a potential 250 percent increase.
BONK price analysis
Solana-based memecoin BONK has begun to recover from the sharp price drop experienced on December 10. With the interest of investors, BONK is preparing for a potential breakout.
According to Coinglass's features, the interest of whales and long-term BONK holders has started to increase day by day. This situation led to a significant outflow of BONK from exchanges. According to AMBCrypto, BONK has been withdrawn from exchanges since December 2024.
The analysis emphasized that the popular memecoin will soon be in the 0.0000545 area, and if this area is exceeded, the next target will be $ 0.000137. The ascending triangle formations formed on the BONK chart were increased.
The analysis included the following statements;
“According to the latest price movement, the system seems likely for BONK to be within 0.0000545 in a short time. It can achieve a 40 percent increase.”
AMBCrypto suggested that if the momentum and momentum in memecoin continues, a long-term rally could begin.
#BONKUSDT #memecoins #binance