Bonk (BONK) Price Prediction: Bonk Rebounding From $0.000021 Support—Is a Triangle Breakout Imminent?

Bonk coin, the Solana-based meme token that garnered massive attention in 2025, is now retesting its $0.000021 support level as traders speculate on a possible breakout from a triangle pattern.

After weeks of sharp corrections, Bonk crypto has reached a decisive price zone that could either spark renewed bullish momentum or trigger further downside pressure. Market participants are closely watching this level to determine whether Bonk’s next move will confirm a broader recovery trend.

Technical Outlook: Triangle Formation in Play

From a technical standpoint, Bonk’s price action is approaching a descending triangle pattern, which could soon determine the coin’s next direction. Analysts point to a “golden pocket” zone near $0.000022, a level where Fibonacci retracement aligns with daily support.

BONK holds key Golden Pocket confluence; the bullish structure is intact, with potential VAH retest and fresh highs if volume supports: Joe Swanson via X

If Bonk maintains support within this critical zone, analysts suggest that the token could rebound toward $0.000039. A breakout above $0.0000264 would further strengthen the bullish momentum and confirm the potential for a broader upward move.

Momentum indicators are also showing signs of stabilization. The Relative Strength Index (RSI) suggests selling pressure may be easing, while the 20-day exponential moving average (EMA) is beginning to curve upward. A decisive move out of this consolidation could open the door for a rally toward $0.000037 and higher levels.

Institutional Support and Token Burns

Bonk’s trajectory is not just dependent on technical charts. Growing institutional activity has reinforced confidence in its ecosystem. Notably, Safety Shot Inc., a NASDAQ-listed company, invested $25 million in Bonk crypto earlier this year, marking one of the first cases of a meme coin being integrated into corporate treasury management.

$BONK supply shrinks: DeGods allocation would be $13M today, with 10.98T tokens burned by the top 5 wallets. Source: bjoern via X

In addition, Bonk developers continue to execute deflationary strategies. A proposed 1 trillion BONK token burn—roughly 1.24% of the total supply—remains on the table once the project surpasses 1 million unique wallet holders. Historical trends suggest that previous burns have triggered substantial rallies, with one event in July 2025 leading to a 158% price surge.

Short-Term Challenges Vs. Long-Term Potential

While Bonk news has been mostly positive, short-term risks remain. Liquidations in the broader crypto market have exceeded $300 million in the past 24 hours, and large wallet movements—such as a recent $18.75 million transfer from a Galaxy Digital-linked address—underscore the influence of whale activity on Bonk’s price.

Bonk (BONK) consolidates at Golden Pocket support, with upside likely if volume confirms. Source: The Alchemist Trader on TradingView

Still, analysts remain cautiously optimistic. A breakout above $0.000026 could confirm a double-bottom formation, with upside targets extending to $0.000041 and beyond. More ambitious Bonk coin price prediction models see potential gains of 65% to 80% in the coming weeks if buying momentum strengthens.

What’s Next for Bonk Coin?

The next few days are pivotal for Bonk’s near-term prospects. Traders scrutinize the $0.000021–$0.000022 range as a break-or-make zone. A sustained bounce would trigger bullishness and cause new money to chase meme coin exposure.

Bonk was trading at around $0.00002232, up 3.17% in the last 24 hours at press time. Source: Brave New Coin

For long-term players, growth in the ecosystem, token burns, and more institutional adoption continue to be the priorities. Whether or not Bonk moves from speculative trading to a recognized digital asset hinges on whether it can continue to sustain demand and provide real-world utility.