Golden Cross is about to appear: Can BONK surge by 77%?

BONK has recorded a significant bullish trend recently, helping investors recover most of their losses since the beginning of 2025. However, this "dog" memecoin still has a long way to go to completely reverse the downtrend since the beginning of the year.

However, positive signals from investors and market indicators are showing that a recovery may be very near.

BONK sends a strong bullish signal

Technical analysis shows that BONK is approaching the Golden Cross pattern – when the 50-day EMA crosses above the 200-day EMA.

This is a technical signal that is considered very positive, often accompanied by a strong bullish momentum.

For BONK, this event could mark the end of nearly four months of bearish pressure, paving the way for a sustainable bullish cycle. Investor sentiment is also gradually becoming more optimistic, as reflected in the trading volume and positive trends in the market.

Expectations for the Golden Cross are driving buying force, setting the stage for the next bullish trend and supporting the price recovery of BONK.

The EMA chart of BONK | Source: TradingViewThe Chaikin Money Flow (CMF) further reinforces this positive signal, as it continuously records the inflow of money into BONK over the past few weeks.

This strong influx of capital indicates that investors are actively accumulating, creating a more solid price foundation. In addition, the positive trend across the crypto market also supports the rise of BONK, helping this altcoin to effectively leverage the increasing demand.

As market confidence continues to improve, BONK is likely to attract more capital flows – a necessary factor to maintain its bullish momentum. The convergence of positive technical signals and market momentum is reinforcing the clear potential for a bullish trend in the short term.

The CMF chart of BONK | Source: TradingView## BONK still has a lot of room to recover

Currently, according to data from Bitcoin Magazine, BONK is trading around the 0.00002182 USD mark, with the nearest resistance level at 0.00002285 USD. To fully offset the losses since the beginning of 2025, BONK needs to increase by about 77% to reach the 0.00003769 USD mark.

Although this target may take more time, for now, the price level BONK needs to reach and hold is 0.00002748 USD – a key support level for the bullish trend.

The conversion of this level from resistance to support is a crucial factor in maintaining the bullish trend. If successful, BONK has the potential to continue gradually rising to higher levels, while restoring investor confidence.

BONK Price Analysis | Source: TradingViewConversely, if the resistance level of 0.00002285 USD is not maintained, the price may reverse. Falling below 0.00001995 USD, or even 0.00001779 USD, will break the bullish outlook, potentially triggering selling pressure and pulling the market back into a 下行 trend.

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