Could Bonk’s Price See a Reversal? Key Harmonic Pattern Hints Potential Bullish Signal

The cryptocurrency market has been experiencing volatility, with Ethereum (ETH) dropping 7% this week. This pullback is impacting memecoins like Solana-based Bonk (BONK). However, BONK showed strength today with a 5% intraday jump, trimming its weekly losses to just 3%. A potential bounce back is suggested by key features on the price chart hinting at a bullish harmonic pattern.