Bonk [BONK] has captured significant attention, following an impressive 14.65% surge at press time, bringing the price to $0.00002287.
With strong market activity and growing community interest, many wonder if this recent rally could signal a larger breakout.The critical question traders are asking is whether Bonk can break through its resistance or face a pullback. Based on the technical analysis, Bonk was testing a key resistance level at $0.00002250 at press time.However, Bonk has struggled to push beyond this level before. Failing to break above this resistance could lead to a short-term decline.
Open Interest measures the total number of active contracts, and this rise indicates growing speculation in Bonk’s future price.
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