NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities

Meme Coin BONK Faces Price Correction: Can Bulls Regain Control?

Godspower Owie
Godspower Owie
4 months ago
3 mins read
BONK

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

BONK, the vibrant meme coin, is encountering a price correction after a strong bullish run, raising questions about the future of its uptrend. While natural after a surge, the pullback has prompted speculation on whether bulls can regain control and steer the coin back toward its recent highs.

Despite the dip, BONK still shows signs of resilience, with key support levels holding firm. A rebound from these zones could reignite buying interest and set the stage for another rally. However, a failure to hold these critical levels might signal a deeper correction, giving bears the upper hand.

The next move for BONK will depend on the balance of market sentiment and technical factors. If bulls return with enough momentum, the coin could quickly recover, solidifying its position in the meme coin space. For now, the market watches closely to see if this correction is a mere pause or the beginning of a longer downturn.

BONK Bullish Run Stalls: What Led To The Pullback?

BONK’s bullish run has hit a roadblock, with the price experiencing a temporary pullback after an impressive rally. This slowdown appears to stem from profit-taking by early investors, coupled with increased selling pressure near key resistance levels. Additionally, a lack of fresh buying pressure has contributed to the stall as traders await clearer signals for the next move.

Related Reading

BONK

BONK Price Ready To Surge 1,105% From Here? Analyst Reveals Key Levels To Watch

4 months ago

External market factors such as broader cryptocurrency trends and shifts in risk appetite may also have played a role in the dip. Despite the setback, BONK remains within a healthy correction phase, and its ability to hold key support levels will be crucial for determining whether the bulls can regain control and revive the uptrend.

BONK
BONK uptrend faces setback | Source: BONKUSDT on Tradingview.com

Technical indicators suggest that BONK’s momentum is cooling after its recent bullish run. The Relative Strength Index (RSI) shows a decline from overbought levels, signaling a decrease in buying pressure.

This cooling phase indicates that the rally may be losing steam as bulls struggle to maintain the uptrend. However, this doesn’t necessarily signal a bearish reversal; instead, it could reflect a natural pause or consolidation before the next major move. Traders should monitor these indicators closely to assess whether the meme coin is poised for recovery or a deeper correction.

Potential Rebound Zones For Price Recovery

As BONK undergoes a price correction, potential rebound zones are emerging that might serve as key areas for recovery. The $0.000002962 is the first critical level to watch since a bounce here could trigger renewed buying interest. If this level holds, it may pave the way for the token to retest resistance levels near $0.000004002.

Related Reading

BONK

BONK Finds Stability At $0.00004002, Can Bulls Spark A Comeback?

5 months ago

Another possible rebound area lies around the $0.000002320 mark, a stronger support zone from past trading activity. A recovery from this level would suggest sustained confidence among bulls, setting the stage for a broader upward move.

BONK
BONK trading at $0.000031 on the 1D chart | Source: BONKUSDT on Tradingview.com
Featured image from Shutterstock, chart from Tradingview.com
Tweet123Share196ShareSend
Godspower Owie
Godspower Owie

Godspower Owie

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life.

Read more

My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world.

I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments.

When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency.

Trust me, I’ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that’s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets.

My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies.

Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people - people who make an impact in my life no matter how little it is.

One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I'm so good at it. I am also very good at singing, dancing, acting, fashion and others.

I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone's life. I don't chase illusions, I chase dreams.

I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I’m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top.

I aspire to be a boss someday, having people work under me just as I’ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dogecoin (DOGE) Under Pressure

Dogecoin (DOGE) Under Pressure—Continues Sliding Into Bear Territory

Dogecoin started a fresh decline below the $0.1850 zone against the US Dollar. DOGE tested $0.1450 and is now consolidating...

Aayush Jindal 2 months ago
Dogecoin

Dogecoin’s Fate Hinges On $0.16—Breakout Or Breakdown Ahead?

Dogecoin is at a critical point, with its price hovering around $0.16. Traders are watching closely, as this support level...

Christian Encila 2 months ago
Dogecoin

Dogecoin Price Turns Bullish With 1-Day RSI In Oversold Region, Why DOGE Can Reach $0.9

Dogecoin has been trading in a bearish momentum in the past few weeks, which has caused its price to break...

Scott Matherson 2 months ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Analyst Says Bitcoin RSI Dominance Needs To Crash To This Level For The Bull Run To Resume

Scott Matherson 2 months ago
BNB

BNB Bulls Take Charge: Price Rebounds Strongly After Recent Dip

Godspower Owie 2 months ago
XRP

XRP Price Face Major Resistance At $2.9, Why This Analyst Believes $20 Is Still Possible

Scott Matherson 2 months ago

Premium Partners

Top Brands

Press Releases

  • LimeChain

    LimeChain – Builders of Web3 Step into the FIA...

    3 months ago
  • Ripple XRP Investors Making $13,000 Per Day with This Cloud...

    3 months ago
  • How To Make $99k Daily Despite Crypto Market Fluctuations...

    3 months ago
  • EstateX Sells Out the First Tokenized Property in Under...

    3 months ago
  • BlackFort Exchange Network (BXN) Joins Biconomy.com...

    3 months ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.