BONK Holds Strong Above Key Level—$0.00003 Next?

TL;DR

• BONK flipped main resistance into assist, holding good points with a 22% weekly worth enhance.
• RSI sits at 75.82, exhibiting robust momentum however hinting at a attainable short-term cooldown.
• Grayscale’s monitoring inclusion boosts BONK visibility amongst institutional traders, supporting present shopping for stress.

Worth Holds Help After Breakout

Bonk (BONK) is holding agency above a stage that was beforehand resistance. After forming a rounded backside over a number of months, the token broke larger with robust momentum. BONK was priced at $0.000028 at press time, exhibiting a 5% achieve prior to now day and over 22% weekly.

In the meantime, this shift was accompanied by a surge in quantity, which is a sign that patrons are flowing into the market. Whereas there was a small pullback, the worth stays above the breakout level, which now serves as assist. Merchants are watching to see if the token can push towards the $0.00003 mark within the brief time period.

Crypto Bullet says the construction appears to be like robust so long as the worth stays above the breakout stage. Furthermore, CHADXBT pointed to rising consumer exercise and rising demand.

$BONK flipped an vital horizontal resistance into assist

Very bullish as lengthy it stays above, retests are alternatives pic.twitter.com/FmGpphCvmz

— crypto bullet (@SilverBulletBTC) July 15, 2025

BONK’s buying and selling quantity rose by 28% to $550 million, and open curiosity went up 4% to $47 million, primarily based on Coinglass information. These numbers recommend that new positions are being added, not simply outdated ones being closed.

Momentum Indicators Stay Excessive

The Relative Power Index (RSI) has climbed to 76, inserting it above the same old overbought line. That exhibits patrons are nonetheless lively, however it could additionally result in a cooling-off interval. The RSI’s shifting common, now at 68, confirms the uptrend however suggests the transfer is changing into stretched.

Bollinger Bands present rising volatility. The highest band sits at $0.0000294 and should act as resistance. Help may be discovered between $0.000025 and $0.0000267. If the worth dips additional, the 20-day shifting common at $0.00001971 might provide one other assist stage.

BONK noticed a surge in curiosity after Grayscale added it to its monitoring checklist for institutional analysis. Whereas this doesn’t imply a product is coming quickly, it alerts that the asset is on the radar of bigger traders. The transfer has possible helped gas current shopping for.