Bonk (BONK), Solana’s popular meme token, is showing signs of resilience as traders watch closely, wondering if it can recover from recent dips and climb past $0.000030.

After a volatile few weeks, BONK has stabilized near $0.00001900, attracting attention from both retail and institutional investors. Technical signals, combined with strong community sentiment, hint at a possible bullish reversal in the near term. Analysts and crypto enthusiasts are analyzing charts, Fibonacci levels, and market trends to determine if BONK can sustain momentum and spark the next rally.

Technical Signals Point to Potential Reversal in the marketer

According to crypto analyst Hailey LUNC, BONK is displaying strong bullish signals on its charts. “The harmonic Bat pattern alongside an ABC correction suggests the downtrend may be nearing its end,” she noted. On the 4-hour chart, a structure break combined with bullish divergence indicates early momentum shifts.

BONK’s charts signal a potential bullish reversal with a completed Bat pattern, ABC correction, trendline retest, bullish divergence, and break of structure on the 4H timeframe. Source: Hailey LUNC via X

Fibonacci extensions highlight potential target levels of 0.000027 (1.272) and 0.000030 (1.618). These technical markers suggest that if market sentiment turns positive, BONK could be gearing up for a significant rally.

Community Optimism Remains High

Data from CoinMarketCap shows that the BONK community is largely optimistic. Approximately 85% of participants expect the price to rise, with over 630,000 votes supporting a bullish outlook. While 15% of investors remain cautious, the overwhelming sentiment points to a strong market confidence.

BONK is down today from whale sell-offs and broader market weakness. Source: CoinMarketCap

Community-driven enthusiasm has historically played a pivotal role in Bonk coin price prediction, particularly for meme coins. The token’s culture and retail engagement continue to influence short-term price movements.

Recent Price Movements and Market Performance

Over the past 24 hours, BONK has shown relative stability despite broader market challenges. Trading at $0.00002064 with a volume of $247.8 million, the token is down roughly 15.7% during the same period. Market capitalization remains stable at $1.67 billion.

July 2025 marked a strong growth phase for BONK, with a gain of +79.6%. However, August saw a sharp pullback of -14.7%, and September extended the minor downtrend to -7.09%. Analysts suggest that the market may be entering a stabilization phase, which could provide a foundation for a future rally.

Short-Term Challenges: Whale Selling and Ecosystem Limitations

Despite recent technical optimism, BONK faces hurdles. Recent whale sell-offs have dampened short-term sentiment, particularly following the launch of BONKbot on Solana Pay. Unlike projects with active on-chain ecosystems, BONK lacks mining, referral systems, or hardware layers to sustain engagement.

BONK shows a bullish setup on the daily chart, supported by key moving averages, a rebound from $0.000017 support, and strong volume confirmation. Source: taika808 on TradingView

While BONK retains cultural capital from past retail pushes, its price prediction relies heavily on sentiment rather than structured growth. Without new developments or partnerships, short-term price swings remain likely.

Final Thoughts: Will Bonk Reach $0.000030?

The near-term performance of BONK is likely to depend on a combination of market sentiment, retail enthusiasm, and Solana’s broader performance. While technical charts suggest a bullish reversal may be possible, the token’s reliance on meme-driven momentum makes predictions inherently speculative.

Bonk was trading at around $0.00001989, down -2.66% in the last 24 hours at press time. Source: Brave New Coin

Investors exploring Bonk coin news and Bonk crypto price predictions for 2025 should consider both technical indicators and community dynamics. BONK could see an upswing toward $0.000030 if bullish momentum aligns with positive market sentiment, but risks remain from external market fluctuations and limited ecosystem growth.