{"content":"🐶 BONK Holds the Line — Bullish Market Structure Still Intact! In May, BONK's price fluctuated, but it's currently back where it began. After being rejected by the local high around 0.00002581, the coin is trying to stabilize at the 200 EMA. This rejection caused a cautious retreat to $0.00001820. The TradingView technical analysis shows that the retrace is generating a bullish continuation setup with a 77% corrective move, not a negative reversal. Price retracement has placed BONK in a technical hotspot. This convergence centers on the 4-hour 200 EMA, which might be the meme coin's next support zone. Retracements often occur near the 0.618 Fibonacci level, which is positive. It also matches a daily support zone around $0.00001832 to $0.00001841 and a resistance zone at $0.00002034. Even with the present range, BONK is in a bullish scenario that might push it to a new 2025 high or its all-time high. Current focus is on the point of control (POC) resistance at $0.00001955. This level was the pivot point before the retreat and now signals bullish continuation. A verified close above this level will likely launch a quick expansion move into the next resistance cluster at $0.00002581, before hitting the forecasted price objective of $0.00003243, near to its January 2025 open of $0.000035. A 77% rally is the expected aim if this happens. The price goal matches a January 15–18 swing high. BONK is now trading at $0.00001995, up 1.6% in 24 hours. Reaction just above POC resistance will be crucial. Buyers may surge into the top resistance zone and retest BONK's 2025 swing high if they sustain pressure and break out. #Bonk #BinanceAlphaAlert #BTCBreaksATH110K #GENIUSAct #MerlinTradingCompetition $BONK $BTC $SOL ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/22/621786020ea342dfafc1182eb9248931.png"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}