TL;DR<\/p>\n
BONK retests $0.000025 neckline with cup-and-handle pattern, suggesting possible 100% upside rally.<\/span> Bonk (BONK) trades below $0.000026 after falling 8% in the past 24 hours and 27% over the last week. Trading volume reached $570 million in the same period. Market attention is on a key support zone that could determine the next move.<\/span><\/p>\n Crypto analyst Jonathan Carter said BONK is retesting its neckline at $0.000025, forming what he identified as a cup-and-handle pattern, which is often seen during bullish continuation phases.<\/span><\/p>\n Carter said,\u00a0<\/span><\/p>\n \u201cpattern completion combined with a neckline hold could result in 100% upside.\u201d\u00a0<\/span><\/p>\n His price targets are $0.000035, $0.000037, $0.000041, and $0.000052. He noted that trading volume increased on the right side of the pattern, which can confirm market interest during a potential breakout.<\/span><\/p>\n #BONK<\/a> Neckline Retest \u2013 Bulls Ready to Bounce<\/p>\n Cup and handle pattern executing flawlessly near the $0.000025 support zone\u200d<\/p>\n Pattern completion + neckline hold = 100% upside<\/p>\n Target levels: $0.000035 \u2192 $0.000037 \u2192 $0.000041 \u2192 $0.000052<\/p>\n This is the setup that doubles\u2026 pic.twitter.com\/Lb98rWSjDZ<\/a><\/p>\n \u2014 Jonathan Carter (@JohncyCrypto) August 1, 2025<\/a><\/p>\n\n Interestingly, technical readings show the Relative Strength Index (RSI) has cooled from earlier highs, giving room for another upward move if buying returns.<\/span><\/p>\n Analyst BATMAN <\/span>shared<\/span><\/a> that BONK\u2019s recent pullback is approaching a previous resistance area, now a potential support zone between $0.000025 and $0.000026.<\/span><\/p>\n \u201cIf it dips a bit lower into that blue box, that\u2019s the spot I\u2019d be looking to buy,\u201d he said.\u00a0<\/span><\/p>\n A recovery from this zone could keep the bullish setup intact. A break below the area, however, would suggest fading short-term strength.<\/span><\/p>\n Last month, BONK was <\/span>added<\/span><\/a> to Grayscale\u2019s institutional tracking list. While this does not confirm investment, traders see it as a step that may bring broader market visibility.<\/span><\/p>\n Market participants are now focused on whether BONK can hold its neckline support and trigger the next leg of the cup-and-handle pattern or if the decline continues in the near term.<\/span><\/p>\n The post BONK at Critical Level After 28% Weekly Drop<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" TL;DR BONK retests $0.000025 neckline with cup-and-handle pattern, suggesting possible 100% upside rally. Analysts highlight previous resistance turning support as traders await a bounce or further downside. Grayscale tracking sparks institutional interest as BONK holds near critical support amid heavy trading. BONK Teeters Before Potential Breakout Bonk (BONK) trades below $0.000026 after falling 8% in […]<\/p>\n","protected":false},"author":0,"featured_media":85832,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85831","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\/85831"}],"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=85831"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/85831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/85832"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=85831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=85831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=85831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nAnalysts highlight previous resistance turning support as traders await a bounce or further downside.<\/span>
\nGrayscale tracking sparks institutional interest as BONK holds near critical support amid heavy trading.<\/span><\/p>\nBONK Teeters Before Potential Breakout<\/h2>\n
Buyers Watch Previous Resistance as Support<\/h2>\n
Institutional Tracking Adds Interest<\/h2>\n