{"id":4540,"date":"2025-06-30T17:55:32","date_gmt":"2025-06-30T17:55:32","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bonk-approaches-critical-support-will-a-double-bottom-launch-the-next-move\/"},"modified":"2025-06-30T17:55:34","modified_gmt":"2025-06-30T17:55:34","slug":"bonk-approaches-critical-support-will-a-double-bottom-launch-the-next-move","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bonk-approaches-critical-support-will-a-double-bottom-launch-the-next-move\/","title":{"rendered":"BONK approaches critical support: will a Double Bottom launch the next move?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">BONK is nearing a critical support zone that could trigger a bullish double bottom structure if defended. This level is packed with technical confluence, and the next move could define BONK\u2019s trend for the coming weeks.<\/p>\n<p class=\"is-style-default\">After a period of consolidation and downside pressure, BONK (BONK) is now trading near the most critical region on its chart, a zone where a potential bottoming structure could emerge. Price has recently pulled back into the point of control, which marks the most traded level within BONK\u2019s current range. This area often serves as a decision point between continuation and reversal.<\/p>\n<p class=\"is-style-default\">If bulls can hold this level or allow a controlled dip into deeper support below, the structure of a bullish double bottom may form, a setup that often leads to sharp rallies. However, low volume remains a concern, and the coming reaction will provide crucial insight into BONK\u2019s next directional move.<\/p>\n<h2 class=\"wp-block-heading is-style-lead\">Key technical points<\/h2>\n<ul class=\"wp-block-list\">\n<li><strong>POC Support Test:<\/strong> Price is currently testing the point of control, often a critical level of support or rejection.<\/li>\n<li><strong>Double Bottom Potential: <\/strong>A dip to the value area low and swing low confluence could establish a classic double bottom structure.<\/li>\n<li><strong>Volume Decline: <\/strong>Volume profile is falling, rising bullish volume is required to confirm any reversal attempt.<\/li>\n<\/ul>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14393066\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">BONKUSDT (1D) Chart, Source: TradingView <\/figcaption><\/figure>\n<p class=\"is-style-default\">The point of control is BONK\u2019s current battleground, a volume-based level where prior price action balanced. If buyers can defend this region, it may signal that demand is returning and a bottom is being set in place. So far, price is showing hesitation, with smaller candles and no decisive move, suggesting indecision among market participants.<\/p>\n<p class=\"is-style-default\">If the POC fails to hold, price will likely trade lower into the value area low, which aligns with a previous swing low. This level offers significant technical confluence: it\u2019s where liquidity likely rests, where previous buyers stepped in, and where market makers often engineer reversals through liquidity sweeps. If BONK forms a low at this zone, completing a double bottom, it would be a textbook setup for a rotation back toward the highs of the range.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p class=\"is-style-default\">However, for that scenario to play out, volume must return. The current decline in the volume profile suggests waning interest, which could delay or weaken any bullish reversal attempt. Without a shift in momentum supported by rising volume, the risk remains that price action continues to drift or even break further down.<\/p>\n<h2 class=\"wp-block-heading is-style-lead\">What to expect in the coming price action<\/h2>\n<p class=\"is-style-default\">If BONK holds the POC or dips into the value area low with a rise in bullish volume, a double bottom could form, potentially launching a move back toward the range highs. Failure to see that volume, however, increases the probability of continued weakness.<\/p>\n<p class=\"is-style-default\">The next few sessions will be key in validating whether BONK is ready to reverse or still searching for its true support base.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BONK is nearing a critical support zone that could trigger a bullish double bottom structure if defended. This level is packed with technical confluence, and the next move could define&hellip;<\/p>\n","protected":false},"author":1,"featured_media":330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=4540"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4540\/revisions"}],"predecessor-version":[{"id":4541,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4540\/revisions\/4541"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/330"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=4540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=4540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=4540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}