The price is up 11% over the past 30 days and is trending higher at the time of writing.
With meme coins starting to bounce back, BONK looks extremely bullish right now.
BONK Price Analysis: Key Support and Upside Targets
Spot volume has climbed by around 10% in the past 24 hours, while price is up 1% and holding above previous support, avoiding a drop back into the wedge.
At the same time, RSI has recovered into the low 40s after hovering near oversold for months.
MACD has also turned higher, flipping out of deeply negative territory and hinting at a possible shift in momentum.
The chart maps three clear targets. The first sits near $0.000020, aligning with a prior consolidation shelf. The second target is around $0.000027, where the price previously stalled during the pullback.
The final extension projects toward $0.00004075, matching the July 2025 high, a potential gain of roughly 317% from current levels. Clearly, BONK has possibly one of the most bullish charts in the market.
Source: TradingView
On the other hand, the former wedge support near $0.0000080 is now the main level to defend. This zone has been tested multiple times since December and continues to attract bids. A daily close below it would weaken the breakout thesis.
The bullish structure holds as long as BONK remains above the reclaimed support band. A loss of $0.0000080 would likely send price back toward the $0.0000040 area, where the prior cycle low sits.
