<ul><li>Analyst suggests an interesting price action may be brewing for Solana meme coin BONK, following bullish structure and confirmation of a double bottom formation.</li><li>Technical analysis indicates exhaustion of bearish momentum for BONK and early stages of a bullish trend shift, with potential Golden Cross event on the horizon.</li><li>BONK's price is approaching a major descending trendline resistance that has been rejecting its rallies since December 2024, with next targets between $0.00002500 and $0.00003700 if key resistance levels are breached.</li><li>At the time of writing, BONK is trading at $0.00001824, showing an 8.3% increase in the past 24 hours, with potential for further upward movement highlighted by the analyst.</li></ul>

Forget Dogecoin, Analyst Says Solana Meme Coin “BONK” Is About To Explode

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