BONK at Critical Level After 28% Weekly Drop

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 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.