Bonk Crypto Surges on Strong Demand: Can It Smash Through $0.000025?

Meme coin mania isn’t dead—it’s just getting started. Bonk, the Solana-based underdog, is riding a wave of demand that could send it past $0.000025. Here’s why traders are betting big.

The Bonk Rally: More Than Just Hype?

Forget fundamentals—this is a liquidity party. Bonk’s latest pump isn’t about utility; it’s about traders chasing the next parabolic move. With Solana’s ecosystem buzzing, the coin’s 24-hour volume tells the real story: speculation is back in style.

Breaking Barriers or Facing Reality?

The $0.000025 level looms large. A clean breakout could trigger FOMO buys from sidelined traders—but let’s be honest, most of these positions will vanish faster than a VC’s promises during a bear market.

The Bottom Line

Bonk’s move is a textbook liquidity grab. Ride the wave if you dare, but remember: in crypto, the house always wins. Eventually.

BONK crypto charges toward May highs

Source: BONK/USDT on TradingView

The MOVE beyond $0.000018 on the 5th of July was the first true sign of recovery.

In a recent report, AMBCrypto highlighted the bullish short-term expectations for BONK. This has come to pass, evidenced by the strong rally beyond the $0.00002 round-number resistance.

The OBV soared past the highs from May, and the trading volume bars showed remarkable daily trading volumes over the past few days.

This surge in demand could push BONK crypto prices toward the $0.000025 level, the price high from May. The Fibonacci levels showed that the 23.6% extension level at $0.0000298 was a viable price target for the bulls.

However, traders and investors must remember that the weekly chart was bearish, until the $0.000026 region could be flipped to support.

Source: Coinglass

The liquidation heatmap confirmed the expectations from the price chart. The $0.0000256-$0.0000262 region was a sizeable magnetic zone.

The concentration of liquidation levels here meant that a bearish reversal was a possibility.

Since the demand and momentum behind the bulls were strong, the liquidity cluster overhead might only cause a minor pullback before another attempt to move higher.

Therefore, BONK traders already in long positions could look to take profits around $0.000026 and wait for price action to develop before making their next move.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion