- BONK is at $0.00003127 following a breakout, approaching the $0.00003150 target through positive indications.
- Golden crossovers on SMA25/SMA200 and EMA25/EMA200, with RSI at 77.87 and ADX at 35.2.
- Key support lies at $0.00002423–$0.00002550; Fibonacci extension targets suggest $0.000034 ahead.
BONK has surged strongly from its recent lows, now trading at $0.00003127. Bullish indicators are flashing across technical charts, with golden crossovers on both the SMA25/SMA200 and EMA25/EMA200. These crossovers often signal continued upside, boosting confidence among bulls in the current trend.
Recently, in a chart analysis shared by @DyorNetCrypto, BONK’s day chart shows a quite favorable bull image. Both SMA25/SMA200, as well as EMA25/EMA200, are gold crossovers, forecasting additional positive momentum. Currently, the RSI stands at 77.87, which means that the asset is overbought, but the ADX of 35.2 confirms a powerful, well-established trend.
Trend strength is supported even more by the ADX reading of 35.2. Resistance lies at approximately $0.00002974, whilst the next upside target lies at $0.00003150. Close support levels are at $0.00002423 (MA10) and $0.00002061 (SuperTrend), which are critical to watch for a potential retracement.
Also Read: BONK Breakout Continues, Bulls Now Targeting $0.000032 Next
Technical Breakout and Current Price Action
BONK recently broke out from a falling wedge pattern, a bullish reversal setup. This move pushed the token above former resistance at $0.00002434, turning it into solid support. The rally has since peaked at $0.00003028, nearly tagging the upper limit of the Bollinger Bands.
BONK is approaching the 61.8% Fibonacci extension at $0.000034. Although RSI remains high at 77.39, which could be a warning of a temporary pause or pullback, the current uptrend remains. Holding price action above $0.000031 keeps the bullish momentum going.
Market analysts note that a break of the $0.000031 resistance could put $0.00003000 back into sight. A break could also trigger a rush towards $0.00003150, aligned with near-term Fibonacci and psychological targets. Volatility is still high, but whales are holding up lower levels.
BONK Price Prediction for 2025
Bulls see a positive direction for BONK, with the support band of $0.00002450–$0.00002550 being a solid safety net. If that level can be maintained, additional gains towards $0.00003150 are possible. A break below might trigger a retest of $0.00002300.
The price action also reveals BONK adhering to the midline of a pitchfork channel charted from the swing low of July 8. Both this setup, together with the latest breakout above the downtrend line, reveal persistent pressure that is bullish. The direction of price action is positive towards the end of 2025.
Also Read: BONK Targets $0.00004 as Bull Market Signals Improve
