Narrative / Market Pulse
Memecoin BONK faced renewed selling pressure, dropping below $0.000015 to $0.00001488. Despite the decline, traders are betting on a near-term bounce as activity surged 38% above average, signaling strong participation even amid profit-taking.
Technical patterns show lower highs, but the token’s ability to hold near $0.00001488 hints that buyers are quietly accumulating. A sustained defense of the $0.00001475 support could trigger a rebound toward $0.0000152, keeping the broader uptrend intact.
