BONK Demonstrates Robust Support Recovery, Positioned for Growth Potential
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Technical Analysis of BONK: BONK has bounced from the Golden Pocket Fibonacci zone, confirming a higher low and reinforcing a bullish market structure, indicating potential upward movement.
Resistance and Breakout Potential: The cryptocurrency faces immediate resistance at the point of control; a successful breakout above this level could lead to significant upward momentum.
Coinbase Listing Impact: BONK's listing as collateral for perpetual futures trading on Coinbase enhances its market visibility and could increase demand in the derivatives market.
Market Sentiment: Growing interest in BONK, supported by its technical foundation and recent developments, suggests a strong bullish trend despite potential risks of price retracement.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.





