BONK / TetherUS
Long

Bonk Holds Key Daily Support, Targeting 25% Rally To 0.000029

260
Hello✌️
Let’s analyze Bonk’s price action both technically and fundamentally 📈.

🔍Fundamental analysis:
BONK's launchpad is moving $165M daily and buying back tokens with 1% fees. But yeah, with the meme coin world still shaky, BONK fell 10.3% in May’s big selloff.
If launchpad hype keeps up, it might help, but BONK’s still riding the emotional rollercoaster. 🎢

📊Technical analysis:
BONKUSDT has lost all major Fibonacci supports, with daily support now its crucial defense. Holding this level could trigger a 25% rally toward 0.000029. 📉⚡


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