{"id":36225,"date":"2025-07-10T16:01:52","date_gmt":"2025-07-10T16:01:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36225"},"modified":"2025-07-10T16:01:52","modified_gmt":"2025-07-10T16:01:52","slug":"bonk-advances-5-in-v-shaped-recovery-as-bulls-eye-breakout","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36225","title":{"rendered":"BONK Advances 5% in V-Shaped Recovery as Bulls Eye Breakout"},"content":{"rendered":"<div>\n<p>BONK, a Solana-based memecoin, completed a V-shaped recovery, <a href=\"https:\/\/www.coindesk.com\/price\/bonk\">gaining 4.65% to $0.00002202<\/a>. <\/p>\n<p>The move followed a dip to $0.000020 on July 9 at 15:00 UTC, where institutional accumulation emerged to stabilize price action.<\/p>\n<p>The most significant upward momentum occurred between 02:00 and 05:00 on July 10, when BONK surged from $0.000021 to $0.000023, supported by a spike in trading volume. <\/p>\n<p>Indicators remain bullish, according to CoinDesk Research&#8217;s technical analysis model.<\/p>\n<p>The 20-day exponential moving average (EMA) has started to turn upward, while the relative strength index (RSI) remains in positive territory, suggesting that bulls retain the upper hand. Furthermore, BONK is <a href=\"https:\/\/www.bitget.com\/news\/detail\/12560604857386\">nearing confirmation of a \u201cgolden cross,\u201d<\/a> where the 50-day EMA climbs above the 200-day EMA. That&#8217;s a pattern typically associated with long-term upward trends.<\/p>\n<p>Looking ahead, break above the $0.00002389 resistance level could accelerate gains toward $0.000026, which, if surpassed, would complete a double bottom pattern and open the door for a potential rally to $0.000041. Intermediate resistance lies in the $0.00002577\u2013$0.00002840 zone.<\/p>\n<h3>Technical Analysis Highlights<\/h3>\n<ul>\n<li>V-shaped recovery: From $0.000020 to $0.00002202, up 4.65%.<\/li>\n<li>Current pullback: Trading near $0.00002128, down 5.95% in some markets.<\/li>\n<li>Support zone: $0.000020 identified as a reliable accumulation level.<\/li>\n<li>Resistance levels: $0.00002389 (immediate), $0.000026 (major), and $0.00002840 (upper consolidation range).<\/li>\n<li>Breakout target: A move above $0.000026 could project to $0.000041 on double bottom confirmation.<\/li>\n<li>Indicators: 20-day EMA turning upward; RSI positive; golden cross near-confirmation between 50-day and 200-day EMAs.<\/li>\n<\/ul>\n<p><strong><em>Disclaimer:<\/em><\/strong>\u00a0<em>Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to<\/em>\u00a0<em><a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see<\/em>\u00a0<em><a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BONK, a Solana-based memecoin, completed a V-shaped recovery, gaining 4.65% to $0.00002202. The move followed a dip to $0.000020 on July 9 at 15:00 UTC, where institutional accumulation emerged to stabilize price action. The most significant upward momentum occurred between 02:00 and 05:00 on July 10, when BONK surged from $0.000021 to $0.000023, supported by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-36225","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36225"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36225\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}