Bonk (BONK), the meme-inspired token on the Solana blockchain, is capturing investor attention as technical indicators and market trends suggest a potential surge toward $0.00003200.
The cryptocurrency has shown consistent consolidation near key support levels, signaling a strong recovery in the short term. Analysts note that bullish momentum, combined with seasonal altcoin trends, could fuel a significant price rally.
Technical Indicators Suggest Bullish Momentum
Technical analysis indicates that BONK is experiencing bullish momentum. Indicators like OTHERS and TOTAL3 are showing strong bullish signals, entering extremely oversold territory—a condition often preceding a major recovery. Additionally, the invalidation of the head and shoulders pattern on October 11 has shifted the market structure, reinforcing the case for an upcoming rally.
BTC and altcoins show strong bullish momentum, signaling a likely rally and a favorable entry opportunity. Source: CryptoNikkoid on TradingView
A notable trading setup was shared by crypto trading mentor @Learnernoearner, who suggested a long position for BONK at an entry point of $0.0000143, targeting $0.0000165, with a stop-loss at $0.0000138. This setup was based on a TradingView chart showing price consolidation near support, indicating a potential breakout amid Solana ecosystem momentum in October 2025.
November: A Seasonally Bullish Month for Altcoins
November has traditionally been a bullish month for altcoins, underpinning the argument of a forthcoming rally in BONK.
The combination of supportive technical signals and seasonal factors may be the trigger that prompts BONK to its target of $0.00003200.
Take-Profit Levels Based on Fibonacci Levels
Traders are watching the price action of BONK very closely and adding take-profit objectives on significant levels of Fibonacci, hoping to secure maximum profits when the rally is anticipated to occur. The initial target is $0.00001865, followed by further highs at $0.00002145 and $0.00002600, which represent sequential levels of profit-taking as the token moves upward.
The final and most ambitious one is $0.00003220, a level at which BONK’s major pump cycles have historically occurred. As BONK begins pumping, it tends to reach around $0.00003200. And during a parabolic pump, the token can even reach as high as $0.00005000, potentially the apex of this altseason. Traders would be smart to closely observe these levels and adjust their positions as circumstances evolve, considering the likelihood of great reward against the risky character of meme coin volatility trading.
Short-Term Trading Strategy
With the current market circumstances, traders are encouraged to go long in BONK while being patient with the market reset happening. Investing in established support levels can be a winning entry point, allowing traders to get positioned ahead of the forecasted recovery.
BONK is forming a broadening wedge pattern, indicating short-term volatility followed by a potential major bullish reversal heading into 2026. Source: Falcon Trades via X
Short-term trading strategies are recommended since BONK is not a long-term investment here. Having a close observation of the price action and also being ready to reverse positions is imperative, since adjusting positions in the immediate moment can lock in potential gains while keeping in mind the risks entailed by this extremely volatile meme token.
Final Thoughts
Bonk (BONK) is showing positive indications of a strong recovery, with technical analysis and past trends set to back a likely jump to $0.00003200.
Bonk was trading at around $0.00001523, up 8.08% in the last 24 hours at press time. Source: Brave New Coin
Traders have to be on their toes, endure matching take-profit levels, and be prepared to adapt their plans as the market waits. As in everything, conducting proper research and staying abreast of market innovations remain integral steps towards understanding the crazy world of cryptocurrency trading.
