Featured News Headlines
BONK Price Breakout- BONK Breaks Resistance, Eyes Major Upside Targets
BONK Price Breakout– BONK is back — and it’s moving fast. The meme coin surged over 24% in the past 24 hours to hit $0.000039, marking its highest level in months. Weekly gains? A staggering 75%, with daily trading volume exploding past $3 billion.
Clean Breakout Sparks Momentum
The rally kicked off after BONK smashed through a long-standing descending trendline and horizontal resistance at $0.00003 — a level that had capped price action for weeks. Traders watched closely as BONK retested that breakout point and bounced cleanly, signaling strength.
Crypto analyst Professor Moriarty was quick to highlight the shift:
After several failed attempts, it finally broke through resistance and held. That changes the game.
With momentum building, BONK is now targeting the $0.00004676–$0.00005876 zone — the next major supply region.
Meme Coin Mania Returns
BONK’s rise isn’t happening in isolation. Crypto sentiment is warming, with open interest rising across top exchanges. Risk-on appetite is back, especially in the meme coin space.
Adding fuel to the fire: Grayscale’s recent addition of BONK to its institutional watchlist, a move that could signal broader recognition.
What’s Next for BONK?
The token now hovers just below key resistance at $0.000037. A clean break above could spark another leg up. But if it stalls, watch for a short-term pullback to $0.000029 support.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.
