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Is $BONK Ready to Rally? 3% Rebound Indicates Strong Key Support


Bonk ($ Bonk) rested as a spring, recover 3% after last week last week. With great tapings approaching and support key support, this meme coin could be cheating on its next move.

The solan token is to draw institutionary attention while its ecosystem expanded. Now, investors wait the confirmation that this jump has legs.

Source: Coinmarketcap

$ Bonk Nars 1M holders: Scarcity, institutional interest, and the value of the strategic unit

The token of $ continues to keep their land as the 46th-biggest CryptoreRenncy from market capitalization to $ 22 billion, despite recent price rebel. This is due to optimism and confidence between their enthusiastic community.

Source: SolScan

A folder landscaping this optimism is the base of the left handed users with 977.203 holder and counting, the token is as close to the paddle of 1 million holder. Once obtained, the project has engaged in a massive 1-trillion-tokena strategic road to reinforce the scarce and reinforce the long-term value.

Beyond Burns, $ Bonk is also attracted the extra institutional attention. Its inclusion about the Scraial gray q3 2025 Watchlist gave the project a new level of credibility.

Partnership developments are also promoting token’s narrative. $ I have announced a collaboration with the network, allow you to buy a hotspots draft using $ Bonk, portions of which they are burned in the deficiered mechanics.

The long adoption and the interopher of $ Bonk token can be awarded to the bonic network integration with more than 400 applications through 13 blockchains. Another important factor in their development is the partnering forward in the usual ecosement, which link to the minerals, jupiter, platforms their exposure and liquity.

In your me? Letbonk.Fun, $ bonk launchpadDominate the MasscoCain space, accounting for about 64% of the new token token. Contributing Bonk’s Deflitary of Bonk, have already burned by 500 billion tokens through the fees.

With a ringing mechanic, mechanical mechanics, institutional interest, and technical support, $ ax, $ suit appear to rally as well as the term.

$ Bonk / $ USED finds temporary support to $ 0.00002390, but derivatives inexpensive suggests an uncertain refund

$ Bonk jumps the key button 0.618 Fibconon to $ 0.00002390, following a steady-standing out of height at $ 0.00004087.

The wider treatment remains the firm, but the loss of upward support that drove the move the june from the end of supervision.

The $ price is currently about $ 0.00002660, attempts to stabilize above 0.5 to $ 0.00002714.

$ Bonk / $ USDT Price Chart, 4 August (Source: TradingView)

However, moment again neutral, and there is a prevention of the evidence of each part.

RII READS 48.17, indicating a neutral area without immediate force or weakness. Marked a little slightly from the overold region but has not demonstrated any unfair oa rotten by its median line.

Macd reflects a similar photo, although the MacD line crossed above the signal line; They both remain under zero, showing a shallow attempt in recovery without the stiffen moment. The istogram has just rated green, but flight the flight, so the signal lack confirmation.

$ Bonk / $ USDT August data August 4 August (source: Coinglass)

As per Bonk derivator data, heading in the open interest is more saying. The open interest is down 4.23% to $ 37.97 million, suggesting a pullback in speculative activity.

That the drop followed a modest price recovery period, that involves recent recovery is more led by short short or passive purchase that from new long position. The wide / short report is just found under 1.0, indicating a balanced feeling generally. Okx shows a lightly higher bias to long (1.29), but this is not extreme.

The liquidation data does not display major dislocation in the last 24 hours-only $ 65.23k, with most of what comes from short positions. This align with the up-movement of $ 0,002400. However, without liquidations or strong spines in funding, the manifestation lacks urgent typically seen in ingly setting.

For this recovery to wide significantly, $ bonk must claim $ 0.00002714 and hold above with the volume.

That would definitely open the door to a retest of $ 0.003038 (0.382 level in Fibonaci), $ 0,003439 remains a high timeframe resistance to the monitor. However, if $ bonk price fails the strength over $ 0.00239, moment of $ 0.00001928 and potentially $ 0.

In now, the recovery looks more corrective than impulsive, and bulls should try their strength with time and volume.

The post Is $ Bonk ready to rally? The Rebound 3% indicates a strong-key support it first appeared Criponews. I am





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