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BONK Holds Support — Watch for Confirming Volume Before Committing

I see BONK holding a clear support zone after intense selling pressure, which suggests short-term downside may be limited unless that level breaks. I'm watching on-chain metrics and volume to judge whether buyers are genuinely stepping back in or if this is just a temporary pause.

Given BONK's meme-token profile on Solana, volatility and rapid sentiment shifts are likely; I expect outsized moves around exchange listings, large whale flows, or broader Solana market rebounds. I'll be cautious and look for confirmation rather than chasing the bounce.

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Analysis

Price action shows BONK stabilizing at a defined support level despite heavy selling, but on-chain indicators and low volume imply the recovery isn’t yet confirmed; large holders and Solana ecosystem ...

Recommendation

My stance is to watch the token: wait for sustained volume and a clean close above the support range or clear signs of accumulation before buying; avoid sizing large positions given high meme-token ri...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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