Looking at $BONK from a macro perspective, the overall structure remains unchanged—nothing particularly bullish here yet. Until we see a structural shift, any upside moves should be treated as noise rather than a real trend reversal.



However, zoom in to the shorter timeframes and the picture gets interesting. The price is clearly finding support at current levels. Selling pressure has been drying up, which is exactly what you want to see at potential bottoms. That said, confirmation is still key here—the macro backdrop remains skeptical, so any bounce could just be a retest before we continue lower. Stay cautious until the bigger picture changes.
BONK1.99%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned