BONK Primed for Breakout: Technical Analysis Signals Bullish Momentum

Memecoin traders, brace yourselves—BONK’s charts are flashing green. The Solana-based token shows textbook accumulation patterns, with key resistance levels crumbling faster than a crypto influencer’s credibility during a bear market.

RSI coils below overbought territory while volume ticks upward—classic pre-pump behavior. Whale wallets are loading up, suggesting institutional FOMO isn’t just for Bitcoin anymore.

Just remember: in a market where ’fundamentals’ can mean a dog photo, TA is the closest thing to due diligence you’ll get. Price targets? Let’s just say the moon’s looking closer than Wall Street’s ethical standards.

BONK Crypto Ready for Leg #2: Chart Analysis Time

(BONKUSDT)

BONK on the daily timeframe is not only making higher highs and higher lows versus BTC, but also against USD. Against BTC is a bit more impressive, though. Since, and I’ll underline this, Bitcoin is right below its last resistance before a new ATH. This, of course, means that it can be rejected at resistance. It is exciting when a coin behaves as it is expected to! Keep an eye on MA50 and MA100.

(BONKUSDT)

Now, let’s look at the 4H timeframe. Before that, I’d like to note that even if BTC goes down from here, BONK can still perform strongly against it and make a new high. On this chart, we see two wicks to our price target from the previous article. Whoever caught that MOVE – congrats, since it was a 50% leg! We saw clear rejection and an SFP on this timeframe, which indicated that a retrace is likely. Now we’re looking at these two key zones – MA200 and $0.017.

(BONKUSDT)

1H timeframe, here we go! RSI has been reset, and the price is now ranging. Ideally, we’d love to not go down to $0.017 and front-run that level. If it happens, the people who have orders that low will have to buy higher, which will feed the new leg up even more. A reclaim of the MAs is what we want to see now, with or without a touch of either green circle. Then a test of $0.025 again, and eventually a break of that level.

Join The 99Bitcoins News Discord Here For The Latest Market Updates

BONK Getting Ready for Next Leg Up: Latest TA Insights

• 50% move up reached and now forming a higher low
• RSI is reset on 4H and 1H timeframe. Maybe needs lower on 1D
• Key support is last low on 1H, or $0.017
• Reclaim of MAs on low timeframes is a symptom of the next leg inbound