Is BONK Price on the Verge of Breaking Out from its 3-Month Correction?
BONK, a Solana-based meme coin, experienced a notable 3% surge during Wednesday’s trading session, propelling its price to $0.000018. This surge was concurrent with Bitcoin’s ascent above the $60,000 psychological milestone. With three consecutive days of price growth, BONK is exhibiting signs of renewed buying activity and a possible bottom formation. The question that arises is whether buyers will continue to push this upward momentum or if sellers are poised for a counterattack.