TL;DR<\/p>\n
BONK breaks descending trendline and retests support, holding gains above $0.000034 with rising volume.<\/span> Bonk (BONK) rose to $0.000039 at press time, its highest level in several months. The price is up 24% in the past 24 hours and over 75% since this time last week. Daily trading volume has crossed $3 billion, reflecting renewed market activity.<\/span><\/p>\n Interestingly, the price move followed a clean breakout above a long-term descending trendline and horizontal resistance near $0.00003. The breakout structure remains intact after a successful retest of support, with price now pressing toward the next area of supply around $0.000037.<\/span><\/p>\n Crypto analyst Professor Moriarty noted the chart shift earlier in the week.\u00a0<\/span><\/p>\n \u201cAfter several attempts, it finally broke through resistance and held above it,\u201d he posted.\u00a0<\/span><\/p>\n $BONK<\/a> is up 49% since my last post<\/p>\n After several attempts, it finally broke through resistance and held above it<\/p>\n Now it\u2019s facing the next key zone. If it keeps the bullish momentum and breaks it with confidence, the road to new highs will be wide open https:\/\/t.co\/P12lJS8aqJ<\/a> pic.twitter.com\/KxoqBZxVe5<\/a><\/p>\n \u2014 Professor Moriarty (@Moriarty_web3) July 16, 2025<\/a><\/p>\n\n BONK<\/span><\/a> is now approaching a price zone that previously capped upside in late 2024. While clearing this region in volume, the subsequent targets to monitor are at $0.00004676 and $0.00005876. These levels converge with previous swing highs and may act as short-term objectives should the current trend persist.<\/span><\/p>\n BONK\u2019s breakout comes as broader crypto sentiment improves. Open interest is rising across major exchanges, and risk appetite has returned to the meme coin sector.<\/span><\/p>\n Notably, the token was recently <\/span>added<\/span><\/a> to Grayscale\u2019s institutional tracking list, which some market watchers see as a step toward broader legitimacy.\u00a0<\/span><\/p>\n For now, BONK trades just below a key resistance band. A near break above 0.000037 would be a sign of continuation. A failure to clear this area may deliver a short-term consolidation or test of support at around the $0.000029 level.<\/span><\/p>\n The post Why Is BONK\u2019s Price Up by 75% Weekly and What\u2019s Next?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" TL;DR BONK breaks descending trendline and retests support, holding gains above $0.000034 with rising volume. Price targets $0.00004676\u2013$0.00005876 next as bullish momentum and market interest continue to grow. BONK Breaks Resistance, Extends Rally Bonk (BONK) rose to $0.000039 at press time, its highest level in several months. The price is up 24% in the past […]<\/p>\n","protected":false},"author":0,"featured_media":81492,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/81491"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=81491"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/81491\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/81492"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=81491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=81491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=81491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nPrice targets $0.00004676\u2013$0.00005876 next as bullish momentum and market interest continue to grow.<\/span><\/p>\nBONK Breaks Resistance, Extends Rally<\/h2>\n
Technical Setup Points to $0.00004676\u2013$0.00005876 Range<\/h2>\n
Broader Market Tailwinds Support Move<\/h2>\n