bonk

📉 Bonk’s Pullback May Set Stage for a Bounce
BONK has pulled back after hitting daily resistance, rejecting at a key swing high.
The price is now retracing toward a major support confluence near the Point of Control (POC).
🔄 This zone includes the 0.618 Fib, daily support, and POC — a potential bullish launchpad.

📊 While the drop may look bearish, the structure is still healthy if a higher low forms here.
Volume profile shows we need bullish inflows for a true reversal from this zone.
📈 If buyers return, BONK could rotate back toward resistance and aim for a new swing high.

⚠️ But if POC fails and volume stays weak, a deeper correction may follow.
Still, as long as this support holds, the bullish trend of higher highs and lows stays valid.
🎯 Traders should watch closely — this area offers a high-probability setup for the next move.

🔍 Expect either a bounce to recent highs or a breakdown to test deeper levels.
🚀 All eyes on the volume — it’s the key to confirming BONK’s next move.