📈 BONK Surges 13% in 24H, 29% Weekly
Solana’s meme token BONK is back in the spotlight, trading near $0.00003028 with $1.23B volume. Renewed institutional interest and the letsBONK.fun launchpad boost its breakout prospects.
📊 Open Interest Signals Bullish Move
Futures OI is soaring alongside price, reflecting rising trader confidence. Patterns match BONK’s Nov 2024 surge, while Grayscale even added it to its watchlist, hinting at institutional attention.
📉 BONK Price Analysis
Breakout from a falling wedge triggered a move above $0.00002434 (new support). Currently testing 61.8% Fib at $0.000034. RSI at 77.39 suggests overbought but structure remains bullish if it holds support.
✅ Next Targets?
With strong volume and a rising 20-day SMA, BONK eyes ATH $0.00005916 if momentum continues.
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