Bonk’s Bullish Pattern Suggests a 250% Rally. Can It Happen
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BONK’s price action indicates a potential upward movement of 250% towards the $0.000137 level.
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In the short term, BONK could experience a rise of up to 40% reaching the $0.0000545 mark.
Bonk [BONK], the widely recognized Solana-based memecoin, [SOL] is gearing up for a significant upside rally as a bullish price action pattern has emerged on its daily chart.
Currently, it appears that the overall cryptocurrency market is bouncing back after experiencing a dip on December 10, potentially driving newfound interest in this meme coin.
The Rise of Whale Interest in BONK
An uptick in interest and confidence from both whales and long-term holders seems evident, resulting in considerable outflows of BONK from exchanges—this information comes from on-chain analytics firm Coinglass.
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