<ul data-eligibleForWebStory="true">BONK, a meme coin in the crypto space, has been consolidating but shows signs of a potential breakout on the daily chart.Fibonacci retracement levels indicate BONK's price nearing an inflection point, which could lead to a 20% upside if surpassed.RSI hovering around 47.54 suggests neutral momentum, and a break above 50 could signal bullish strength for BONK.Traders advised to watch for a close above $0.0000145 with increased volume to confirm a rally towards $0.0000175 - $0.0000200.