{"id":40101,"date":"2025-08-02T12:01:50","date_gmt":"2025-08-02T12:01:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40101"},"modified":"2025-08-02T12:01:50","modified_gmt":"2025-08-02T12:01:50","slug":"bonk-at-critical-level-after-28-weekly-drop","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40101","title":{"rendered":"BONK at Critical Level After 28% Weekly Drop"},"content":{"rendered":"<div>\n<p><b>TL;DR<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">BONK retests $0.000025 neckline with cup-and-handle pattern, suggesting possible 100% upside rally.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Analysts highlight previous resistance turning support as traders await a bounce or further downside.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Grayscale tracking sparks institutional interest as BONK holds near critical support amid heavy trading.<\/span><\/li>\n<\/ul>\n<h2><b>BONK Teeters Before Potential Breakout<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Bonk (BONK) trades below $0.000026 after falling 8% in the past 24 hours and 27% over the last week. Trading volume reached $570 million in the same period. Market attention is on a key support zone that could determine the next move.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Crypto analyst Jonathan Carter said BONK is retesting its neckline at $0.000025, forming what he identified as a cup-and-handle pattern, which is often seen during bullish continuation phases.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Carter said,\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cpattern completion combined with a neckline hold could result in 100% upside.\u201d\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">His price targets are $0.000035, $0.000037, $0.000041, and $0.000052. He noted that trading volume increased on the right side of the pattern, which can confirm market interest during a potential breakout.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/BONK?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#BONK<\/a> Neckline Retest \u2013 Bulls Ready to Bounce<\/p>\n<p>Cup and handle pattern executing flawlessly near the $0.000025 support zone\u200d<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/2642.png\" alt=\"\u2642\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>Pattern completion + neckline hold = 100% upside<\/p>\n<p>Target levels: $0.000035 \u2192 $0.000037 \u2192 $0.000041 \u2192 $0.000052<\/p>\n<p>This is the setup that doubles\u2026 <a href=\"https:\/\/t.co\/Lb98rWSjDZ\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/Lb98rWSjDZ<\/a><\/p>\n<p>\u2014 Jonathan Carter (@JohncyCrypto) <a href=\"https:\/\/twitter.com\/JohncyCrypto\/status\/1951249900819083313?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 1, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Interestingly, technical readings show the Relative Strength Index (RSI) has cooled from earlier highs, giving room for another upward move if buying returns.<\/span><\/p>\n<h2><b>Buyers Watch Previous Resistance as Support<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Analyst BATMAN <\/span><a href=\"https:\/\/x.com\/CryptosBatman\/status\/1951233446073999464\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400;\">shared<\/span><\/a><span style=\"font-weight: 400;\"> that BONK\u2019s recent pullback is approaching a previous resistance area, now a potential support zone between $0.000025 and $0.000026.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cIf it dips a bit lower into that blue box, that\u2019s the spot I\u2019d be looking to buy,\u201d he said.\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">A recovery from this zone could keep the bullish setup intact. A break below the area, however, would suggest fading short-term strength.<\/span><\/p>\n<h2><b>Institutional Tracking Adds Interest<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Last month, BONK was <\/span><a href=\"https:\/\/cryptopotato.com\/bonk-holds-strong-above-key-level-0-00003-next\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">added<\/span><\/a><span style=\"font-weight: 400;\"> to Grayscale\u2019s institutional tracking list. While this does not confirm investment, traders see it as a step that may bring broader market visibility.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Market participants are now focused on whether BONK can hold its neckline support and trigger the next leg of the cup-and-handle pattern or if the decline continues in the near term.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bonk-at-critical-level-after-28-weekly-drop\/\">BONK at Critical Level After 28% Weekly Drop<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR BONK retests $0.000025 neckline with cup-and-handle pattern, suggesting possible 100% upside rally. Analysts highlight previous resistance turning support as traders await a bounce or further downside. Grayscale tracking sparks institutional interest as BONK holds near critical support amid heavy trading. BONK Teeters Before Potential Breakout Bonk (BONK) trades below $0.000026 after falling 8% in [&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-40101","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\/40101","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=40101"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40101\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}