BONK price respected the April 28th demand/supply zones on the daily chart. H1 chart indicates a recent liquidity grab below, potentially fueling further upside.
The market setup identified on April 28th for BONK was successful in terms of technical analysis accuracy.
The predictable behavior of the market based on technical analysis at times makes trading more manageable and understandable.
While the outlined scenarios for BONK's price movement are possibilities, they are not guaranteed as BONK remains a meme coin known for its unpredictable nature and tendency to create and break rules.