BONK Bulls Eye Further Gains as Memecoin Surges Past Trendline Resistance

BONK has rallied by 20.5% since August 31st and is up 51.8% from its swing low on August 13th, when it reached $0.00000222.

The memecoin has broken through a descending trendline resistance that dated back to May, but it's still down 91.7% from its high of $0.00004075 in July.

Despite this, BONK bulls are cautiously optimistic, citing steady gains over the past three weeks and sizeable capital inflows into the market.