BONK Surges: Analysts Target $0.0000217 Breakout as Meme Coin Momentum Builds

Another day, another meme coin making moves while traditional finance still debates whether crypto is a 'real asset.'

The Technical Setup

Charts are flashing green for the Solana-based token. Analysts have pinpointed a critical resistance level at $0.0000217. A clean break above that price point could signal the start of a new leg up, sending traders scrambling to front-run the momentum.

Why This Level Matters

That specific number isn't arbitrary. It represents a key psychological and technical barrier where previous sell-offs have stalled the rally. Breaking through requires significant buying pressure—the kind that turns cautious optimism into full-blown FOMO.

The Bigger Picture

This isn't just about one price target. It's a test of strength for the entire meme coin sector's recovery narrative. Success here would validate the bullish thesis that's been building on social feeds and trading desks alike.

Watch that line. If BONK cuts through $0.0000217, it won't just be chartists celebrating—it'll be another reminder that in today's market, sometimes the biggest gains wear the silliest hats.

BONK Tests Key Resistance Level

Crypto analyst Profit Demon noted that BONK is currently testing the upper boundary of a falling wedge formation on the 8-hour chart. According to the analysis, a confirmed breakout from this pattern could propel the token toward several price targets, including $0.00001040, $0.00001350, $0.00001560, $0.00001830, and $0.00002170.

Technical chart patterns, such as falling wedges, are often viewed as bullish signals in cryptocurrency markets. Should BONK surpass this resistance level, market sentiment could shift significantly, potentially attracting additional trading volume and investor attention.

Also Read | BONK’s Strategic Fee Shift to Accelerate BNKK’s DAT Purchases

BONK Price Prediction for 2025

According to DigitalCoinPrice, BONK may surpass the $0.0000208 mark, following its recent resurgence. Historically, the token experienced a decline earlier in January 2025, marking the first dip below its January 2021 baseline. Despite this, investor sentiment appears cautiously optimistic.

Market experts believe that BONK has the potential to break its previous all-time high of $0.0000591 and stabilize between $0.0000201 and $0.0000208. This projection is based on a combination of technical patterns, market demand, and broader cryptocurrency trends. 

Investors are encouraged to monitor developments closely, as BONK’s trajectory may offer both short-term trading opportunities and long-term value growth.

Also Read | BONK Price Surge Ahead? Powerful Rally Targets $0.000039