Successful breakthrough releases bullish signals

On April 27, 2025, BONK broke through the key downward trend line that had suppressed prices since January 2025, opening up potential strong upward space.

The trading price of BONK/USDT for the day is 0.00001942, with a daily increase of 5.20%.

This breakthrough has broken the consolidation pattern that lasted for several months, marking a positive change in market structure and indicating that prices may continue to strengthen in the future.

Technical achievements and market dynamics

Since December 2024, BONK's price has been operating along a downward trend line, with multiple rebounds blocked. However, the long-term oscillation has made the low support base increasingly solid.

This breakthrough not only breaks long-term suppression but also comes with significantly increased trading volume, further validating the effectiveness of this technical move.

Typically, in small-cap altcoins, such trendline breakouts often signal subsequent parabolic rises.

After the price successfully confirms support on the pullback, it indicates sufficient buying power, and the overall trend is tilted positively.

Upside targets and resistance areas

Referring to historical performance at the end of 2024, BONK's next major resistance range is between 0.00003000 and 0.00005000.

If the current bullish momentum continues, BONK is expected to achieve nearly a 2-fold increase based on the breakout point.

It is noteworthy that the lows and highs are beginning to rise in sync, indicating that the market structure is gradually transitioning to a typical bull market pattern.

In the coming days, stable consolidation above the breakout zone will be key to confirming trend continuation.

Conclusion: At a critical moment, can we expect a doubling rally?

Currently, traders are closely watching BONK's price performance near the previous resistance zone (now support zone).

If a clear continuation pattern forms, BONK is expected to further rise in the short term.

Considering the overall technical aspects and market momentum, BONK is one of the small-cap coins worth paying attention to before May 2025, with short-term high-return potential.