Bonk (BONK) Flashing Bullish Pattern—$0.00003 Next?
BONK’s recent price action has triggered the appearance of a Bearish Bat harmonic pattern, a classic chart setup known to forecast sharp, structured price moves. This pattern began near $0.00003987 (point X), then dropped to point A, bounced to point B, and retraced to point C around $0.00001141.
This moving average now acts as a key dynamic support zone, currently sitting near $0.000018. Holding this level is critical for BONK to maintain the bullish trajectory and complete the harmonic pattern’s CD leg.
Bonk (BONK) has surged 24% in a week and formed a rare Bearish Bat harmonic pattern, signaling a potential 36% rally toward the $0.00003987 resistance zone.
To confirm the breakout, BONK must hold above its 200-day moving average at $0.000018 as bullish momentum builds alongside the broader crypto market rally.
As the crypto market enters a bullish frenzy, with Bitcoin (BTC) reaching a new all-time high of $123,000 and Ethereum (ETH) posting an 18% weekly gain, memecoins are riding the wave, and Bonk is emerging as a breakout contender.