BONK Targets 100% Rally After Neckline Retest Begins
Aug, 27, 2025
< 1 min read
by Olivia Stephanie
for CryptoPotato

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TL;DR
- BONK retests neckline support after breakout, holding near flag resistance and possible breakout zone.
- Open Interest drops from $73M to $29M, showing traders remain cautious despite a bullish setup.
- Price trades above 200-day average as RSI stays neutral, signaling balanced momentum on the chart.
Breakout Retest at Neckline Level
Bonk (BONK) is trading near a key technical level after completing an inverse head and shoulders pattern on the daily chart. The neckline of the pattern, located around $0.00002, was broken earlier this month. The token is now retesting this level, which may act as support if buyers step in.
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BONK Targets 100% Rally After Neckline Retest Begins
Aug, 27, 2025
< 1 min read
by Olivia Stephanie
for CryptoPotato

Share:
TL;DR
- BONK retests neckline support after breakout, holding near flag resistance and possible breakout zone.
- Open Interest drops from $73M to $29M, showing traders remain cautious despite a bullish setup.
- Price trades above 200-day average as RSI stays neutral, signaling balanced momentum on the chart.
Breakout Retest at Neckline Level
Bonk (BONK) is trading near a key technical level after completing an inverse head and shoulders pattern on the daily chart. The neckline of the pattern, located around $0.00002, was broken earlier this month. The token is now retesting this level, which may act as support if buyers step in.
Read More









