The Bonk price slowly constitutes a risk pattern that indicates a breakdown

Bonk Price gathered with triple numbers after it came out to $ 0.000008870 in April, reflecting the performance of other famous Solana Meme coins.

Bonk (BonkThe Bonk price increased by triple numbers after it came out to $ 0.000008870 in April, reflecting the performance of other famous Solana Meme coins.

This gathering is part of a broader recovery between the Solana Mimi currencies, as the maximum group market for these assets increased from $ 6 billion in April to $ 15 billion today.

Bonk has also gathered as investors adopt fear of losing. Solscan data He explains that the number of Bonk holders is close to one million. This increased interest also led to an increase in the high volume of immediate trading, which reached the highest level in several months of 1.1 billion dollars on Monday.

Moreover, the assembly also occurred due to the last Fartcoin (Fartcoin) An increase from March. The Rally prompted more investors to embrace other Solana MI’s currencies such as Bonk.

Like other encrypted currencies, the constant Bonk price jump occurs due to Macro’s factors such as A commercial deal in the United States of China. It also happens as investors bought a decrease after its collapse from $ 0.000060 in November last year to $ 0.0000089.

The Bonk price has been a risky pattern

The Daily Chart explains that Bonk has increased by more than 163 % of a decrease of 2025, climbing from $ 0.000008870 in April to an increase of $ 0.00002588.

I have now moved higher than 50 days moving average and broken by 23.6 % decline in Fibonacci at $ 0.000000. Meanwhile, the RSI and other vibrations continue to ascend.

However, there is a danger that the currency may be about to reflect as these vibrations have moved to the level of peak. Also, the currency formed a rising wedge style, a popular reflection mark.

An increased wedge consists of close trend lines, and it often indicates a possible reflection as the price approaches the top of the wedge. If this is run, the next main support level for viewing will be about $ 0.00000015.