Popular Solana-based memecoin Bonk (BONK) is showing signs of a potential bullish breakout, with a 4.5% price increase and a 19% rise in trading volume. The top 100 wallet addresses and whales have been accumulating BONK, increasing their holdings by 0.63% and 6.07% respectively over the past week, indicating strong interest from large investors. A bullish falling wedge pattern has formed on the daily chart, and a breakout above $0.0000061 could lead to a 22% price surge to $0.00000745. However, the ADX indicator suggests a weak trend, and failure to break out may result in sideways movement. Key liquidation levels are identified at $0.0000055 and $0.00000626, with long positions currently dominating the market.
ambcrypto2026.03.10




