Is This The End of BONK? Technical Analysis Gives Warning Signs

Bonk, Solana Mim coin, at an interesting moment in its existence. The project includes a strong society and an increase of 50 % during the past month. Recently, Bonk has been combined with Bravo Ready Games and reached daily revenues of $ 1.72 million for a few days this month as well, and the project was considered the most purchased of smart money, although technical analysis reveals some conflicting points.

I believe $ Bonk It will make huge new levels this year

Best Solana Best Solana + more marketing team

My bags are completely packed pic.twitter.com/jlicorvahc

– hero (@ChamptGram) May 28, 2025

There are people like CHAM who believe that there is still “bread” in the coin. It also refers to some good basics. I will not say that my artistic analysis is always correct. But I think it is also important to consider multiple scenarios, even if it is expected that a new long -term price is expected.

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Bonk jumps or collapses? Technical analysis speaks

(Bonkusd)

Bonk scheme on the weekly time frame. I use 1000bonkusdt on bybit for simplicity. Let’s start with simple movement and market structure. We see a huge tour at the end of 2023.

Most of the 2024 price range was spent, this year rose to less than its previous decline (orange), and the last three candles of this level, which corresponds to the MA50, were rejected. Al -Qamanan of this upper range is at the same price of $ 0.0095. This is an important support level.

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(Bonkusd)

After that, for our analysis, we will consider the daily time frame. Here, the Bonk price ranges around the moving averages. This month, it broke out to the lan2 and tested the underside twice, was rejected every time.

In order for the transition to the rises, this level must be recovered. MA50 and MA100 are the potential support that sits slightly higher than the level of $ 0.0095. What could be scary (or exciting) for merchants is this huge empty space after the huge pump at the end of 2023.

The final ideas about making a bonk price

(Bonkusd)

In the end, we will analyze the 4H graph. Here, MA50 and MA100 refused the price. It is now breaking the ma200. Return and look at the RSI levels on the previous graphs and on this one now. In the week, it appears that it can go in both cases. It is still in the upscale area daily, but rejection can turn from the M200 and the fracture below it on the 4H timeline to the introduction of R: R well. Although the basics are strong, sometimes they return prices, and time may have come with them with Bonk.

Stay safe and don’t let other merchants get your money!

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The post is this the end of Bonk? Technical analysis appeared warning signs first appeared on 99bitcoins.