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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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.