Why did Solana rise while BONK fell?
Despite the strong correlation between BONK and Solana, the market does not always behave as expected. BONK fell today despite SOL's rise due to several factors:
1. Profit-taking after BONK's recent rise.
2. Meme coins lagging in response to market movements compared to larger cryptocurrencies.
3. A lack of media momentum around BONK in the past 24 hours.
4. Liquidity being distributed to other coins like ARB, SEI, and Notcoin.
📊 Technically, BONK is still maintaining important support near 0.00001420.
📈 If this level holds, we may see a rebound towards 0.0000160 then 0.0000180.
🧠 Patience is required, and monitoring is essential, especially if SOL continues to rise steadily above $155.$SOL $BONK