Once BONK breaks through the Volatility Contraction Pattern, the price could quickly escalate, aiming for a new ATH.
BONK’s price action suggests a promising outlook.has risen by over 31% in the past 30 days, despite a minor 2.71% dip in the last 24 hours as per CoinMarketCap.
The surge in 24-hour trading volume by over 23%, bringing it to $263 million, reflects growing interest in the token, setting the stage for an exciting period ahead.BONK’s price action suggests a promising outlook as it forms a Volatility Contraction Pattern accompanied by declining volume. Once price breaks through the current downtrend resistance, it could quickly escalate, aiming for the $0.00004894 level.If this level is cleared, new all-time highs could be seen, potentially by next year. However, the initial move toward this target is expected to begin in the final quarter of this year.Liquidity delta and Upbit listing
While this metric does not determine BONK’s price directly, it gives a sense of market sentiment and liquidity. It is currently showing positive buy depth, suggesting a favorable environment for potential price gains.This move brings the memecoin to one of the world’s largest trading platforms by volume, offering exposure to a broader Asian audience.
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