Bonk (BONK) Price Prediction for July 14, 2025: BONK Holds Above Key Support As Bulls Eye $0.00002748 Breakout
2025-07-14 03:18:15
Main Idea
Bonk (BONK) price is consolidating above $0.00002500 with bullish momentum, targeting a breakout towards $0.00002748, supported by technical indicators and derivatives activity.
Key Points
1. Bonk price has rallied nearly 40% from its July 1 lows and is consolidating near a key supply zone between $0.00002580 and $0.00002630.
2. Derivatives activity shows a 186.24% surge in 24-hour trading volume and a 36% increase in open interest to $45.90 million, with a slightly bullish long/short ratio of 1.019.
3. Technical indicators like RSI (52.9), MACD, and Supertrend suggest a neutral-bullish bias, with price maintaining higher lows and dynamic support at the 20 EMA ($0.00002377).
4. A break above $0.00002630 could extend the rally towards $0.00002748 and $0.00003000, while failure to hold $0.00002400 may lead to a retest of $0.00002300.
5. The asset is trading within a bullish flag-like compression, with upper channel resistance near $0.00002750, indicating potential for further upside if momentum revives.
Description
After a powerful move from below $0.00001800 earlier this month, Bonk price today is consolidating above the $0.00002500 level. The meme coin recently tested its 78.6% Fibonacci retracement and is trading within a tight range just under its immediate resistance at $0.00002625. Despite short-term volatility, bulls have maintained control for the past week as technical and derivatives data reflect a sustained bullish bias. What’s Happening With Bonk’s Price? BONK price dynamics (Source: TradingVie...
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