Flow

Rally

Solana

Bitcoin

Bonk

<ul class="wp-block-list">
 <li>BONK dropped 12.5% after failing to break key resistance.</li>  
 <li>Investors expected a 92% rally, but market sentiment shifted.</li>  
 <li>BONK now faces bearish conditions with uncertain near-term outlook.</li> 
</ul>  
<p>Solana meme coin <a href="https://cryptonewsland.com/3-solana-altcoins-with-high-growth-potential/" target="_blank" rel="noopener noreferrer nofollow">Bonk (BONK)</a> tumbled by 12.5% to $0.0000214 after failing to surpass key resistance at $0.00002400. Investors had anticipated a 92% surge, but the bullish breakout never materialized.&nbsp;</p>  
<p>As sellers moved in, BONK missed its chance for an impressive rally. With market sentiment shifting, the coin's near-term outlook now looks uncertain. BONK faces significant challenges, leaving investors wondering where it will go next.</p>  
<h2 class="wp-block-heading" id="h-rally-stumbles-at-critical-point">Rally Stumbles at Critical Point</h2>  
<p>Investors have been eyeing BONK since early September, driven by positive capital inflows. <a href="https://corporatefinanceinstitute.com/resources/equities/chaikin-money-flow-cmf/" target="_blank" rel="noopener noreferrer nofollow">The Chaikin Money Flow (CMF)</a> indicator reflected growing confidence, hinting at a possible price surge.&nbsp;</p>  
<p>Yet, as BONK approached $0.00002400, optimism waned. The CMF indicator showed a downturn, signaling that sentiment had shifted. As selling pressure increased, the coin failed to break through the key resistance.</p>  
<p>Market conditions further dampened hopes for a recovery. With broader sentiment turning bearish—as the post below highlights, investors pulled back. BONK’s price lost momentum, sinking instead of soaring.&nbsp;</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/BlockStreetFi/status/1840782656776142853?t=T5FN80jeeP_Vk7NdAWBQ7A&amp;s=19
 </div>
</figure>  
<p>If the price broke out, BONK might have seen an explosive 92% rally to its all-time high of $0.00004800. However, that didn't happen and the chance faded quickly.</p>  
<h2 class="wp-block-heading" id="h-bitcoin-correlation-declines">Bitcoin Correlation Declines</h2>  
<p>The crypto landscape continues to shift, and BONK has struggled to stay afloat. BONK’s correlation with <a href="https://cryptonewsland.com/bitcoin-sets-heavily-bullish-responses-from-altcoins/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> fell to 0.48, marking a troubling trend. Altcoins with stronger ties to Bitcoin have benefited from its recovery.&nbsp;</p>  
<p>Unfortunately for BONK, this weaker connection leaves it adrift. Lacking Bitcoin’s broader market support, BONK struggles to find independent upward momentum.</p>  
<p>Looking ahead, <a href="https://www.tradingview.com/symbols/BONKUSDT/" target="_blank" rel="noopener noreferrer nofollow">BONK's price action</a> remains tied to key resistance levels.&nbsp;</p>  
<p>If the coin fails to hold support at $0.00002153, it risks entering a consolidation phase. That scenario could delay any potential rally, forcing investors to wait for stronger bullish signals.</p>  
<p>According to experts, BONK must first break through $0.00002748 to regain strength. By flipping this resistance into support, BONK could exit this bearish zone.&nbsp;</p>  
<p>If the crypto market recovers, BONK might reverse course. Until then, investors should watch for any signs of a breakout to determine the next phase in BONK’s trajectory.</p> 
<p>The post <a href="https://cryptonewsland.com/bonk-falls-12-5-following-rally-miss/" rel="noopener noreferrer nofollow">Bonk Dips 12.5% Following 92% Rally Miss: What’s Next for BONK?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Bonk Dips 12.5% Following 92% Rally Miss: What’s Next for BONK?

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