🔄 $BONK/$SOL Daily Chart Update 🔄

Bearish = Bullish?

Sometimes, bearish setups pave the way for explosive bullish rallies—and this might just be one of those moments for $BONK.

The DeMark Indicator has just flashed a 7 signal, which could signify an imminent trend reversal. The DeMark Indicator is a technical tool used to detect overbought or oversold conditions and signal trend exhaustion. The “7” signal is part of the DeMark Sequential Countdown, where a series of 9 consecutive candles with certain criteria can suggest that the current trend is losing momentum, signaling an imminent reversal.

Why this matters now: $BONK/$SOL is re-approaching its major support level (green line), a critical zone that has consistently triggered massive rallies in $BONK’s price history.

In the past, this support level delivered the following moves:
• Feb 2024: 253% rally in 22 days
• Apr 2024: 92% rally in 6 days
• Nov 2024: 128% rally in 12 days

With the current setup, the combination of a DeMark “7” signal, historical support, and price action suggests this could be the perfect setup for another rebound rally if the bearish momentum can continue for the next few days.

Target projections:
• A 100%+ rally to reclaim 0.00000025 $BONK/$SOL, pushing $BONK’s USD price to $0.000065.

Bearish setups don’t last forever. $BONK looks ready to turn the tide. 🚀 

#LetsBonk #Bonic
#BONK #BONK