BONK Price Analysis: Bullish Momentum Pushes Token Beyond Resistance

The BONK token is experiencing a bullish surge, rallying over 10% in the past 24 hours. Currently trading near $0.000009955, BONK is testing a key descending trendline after reclaiming its 21-day EMA. With trading volume exceeding $190 million and a market capitalization of over $821 million, the token’s recent price jump has attracted investor attention. Analysts are closely watching whether BONK will break through resistance or face rejection as momentum shifts.