Following a significant 13.6% drop in the past 24 hours, Bonk (BONK) is currently trading around $0.00001166, signaling continued market volatility. Despite the current dip, analysts are optimistic about potential reversals for the memecoin, highlighting signs of recovery like support levels at $0.00001139 and a bullish prediction from expert Kingpin Crypto. While a rebound is anticipated based on technical patterns like swing failure patterns (SFPs), long-term investor confidence in Bonk’s growth potential remains strong with notable moves towards non-custodial wallets. Crypto analyst Crypto_CBas predicts an 83.16% price surge if Bonk breaks its current resistance and establishes a steady upward trend. Key price levels for the token remain crucial, with support at $0.00001139 and resistance at $0.00001177. The RSI currently sits at 46.42 in a neutral state, while the Chaikin Money Flow (CMF) indicates a slight outflow of capital. While technical analysis provides insights, long-term market trends will be essential for determining Bonk’s next trajectory.