Solana’s favorite meme coin just ripped 40% and isn’t slowing down — here’s why BONK might bark its way back to all-time highs.
BONK is giving zero chill right now.
After bouncing from sub-0.00001800 earlier this month, the Solana-powered dog coin has clawed back nearly 40% — and it’s currently perched just above 0.00002500, eyeing the next big breakout.
Is BONK just having another meme moment, or are we watching a serious reversal? Spoiler: The technicals say the bulls are holding the leash.
Let’s talk charts. BONK is currently testing a key resistance zone at 0.00002625 — right near the 1.0 Fibonacci extension level. If it flips this into support, next stop: 0.00002748 and beyond.
Bullish signals stacking up:
Oh, and the 20 EMA on the 4H chart is holding at 0.00002377 — acting like a trampoline for every dip.
Zoom into the 30-minute chart, and BONK is coiling inside a bullish flag. Think higher lows, ascending channel, and volume compression.
If BONK breaks above 0.00002630 with high volume, the next leg up targets 0.00002748, and maybe even the psychological level at 0.00003000.
TL;DR: Price action is giving “accumulate before liftoff.”
According to Coinglass:
That short squeeze? It flipped resistances into support and cleared the runway for more upside.
BONK isn’t just a chart darling — its ecosystem activity is lit:
This ain’t just hype. It’s community-led momentum with tokenomics to match.
If BONK holds the 0.00002400–0.00002450 support zone, a push to 0.00002748 and even 0.00003000 is on the table.
But if it loses that level, we’re looking at a pullback toward 0.00002300.
Either way, BONK has strong structure, favorable derivatives data, and Solana meme coin dominance on lock.
Eyes on volume. Breakout above 0.00002630 = go time.
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