BONK price is testing a key demand zone at $0.0000177–$0.0000226 and may see a short-term dip to ~$0.0000216 before reclaiming support. Traders should watch Fibonacci levels, volume profile, RSI above 50, and liquidation heatmap signals for entry and risk management.
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BONK is trading at a critical support zone highlighted by Fib and Volume Profile.
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Short-term dip to $0.0000216 is possible; monitor market-wide sentiment, especially Bitcoin.
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On-chain and technical indicators (RSI, OBV, liquidation heatmap) imply buying pressure but require disciplined risk controls.
BONK price outlook: BONK price testing demand zone—watch Fib support, liquidation heatmap, and BTC sentiment. Learn entry, risk, and key levels. Read now.
What is the BONK price outlook?
BONK price is currently testing a defined demand zone between $0.0000177 and $0.0000226, with the 78.6% Fib and Point of Control near $0.0000226 acting as immediate support. Short-term momentum indicators show bullish bias, though a dip toward $0.0000216 remains possible on liquidation flows.
Why could BONK remain correlated with Dogecoin and memecoin momentum?
Memecoin flows typically follow high-profile catalysts. Recent ETF-related momentum around Dogecoin drove sector-wide risk appetite and contributed to elevated returns for some memecoins. Plain-text sources: TradingView price charts and Coinglass liquidation data indicate similar on-chain and derivatives dynamics across memecoins.
BONK approaches key demand zone
Source: BONK/USDT on TradingView
Using the late-June rally as the reference, Fibonacci retracement levels and a Fixed Range Volume Profile outline a critical range. The 61.8% and 78.6% retracements lie at $0.0000177 and $0.0000226. The Value Area Low appears at $0.0000193 and the Point of Control sits at $0.0000226.
Together, these tools mark $0.0000177–$0.0000226 as a demand zone where buyers have historically stepped in. At present, BONK is testing the upper portion of that zone, where prior volume concentration suggests higher probability support.
The internal market structure has turned mildly bullish, with the RSI above neutral 50 and the OBV trending upward—both signals of short-term buying pressure. That said, memecoin moves remain sensitive to broader market catalysts, particularly Bitcoin volatility.
Can BONK see another price dip this week?
Yes. The Coinglass liquidation heatmap for the two-week look-back shows a magnetic zone around $0.0000223 that attracted liquidations and reactive buys. A short-term dip toward $0.0000216 is plausible if sellers trigger clustered stop-losses near the POC. Traders should size positions and set stop limits accordingly.
Source: Coinglass
How should traders manage risk around BONK demand zones?
1) Define risk: set a clear stop-loss below the confirmed support (e.g., below $0.0000177). 2) Size positions: risk only a small percentage per trade relative to portfolio. 3) Confirm with volume: prefer entries when OBV and spot volume rise. 4) Monitor macro cues: track Bitcoin (BTC) volatility and memecoin sentiment.
Frequently Asked Questions
What are the key levels for BONK traders right now?
The primary support band is $0.0000177–$0.0000226 (61.8%–78.6% Fib and POC). A near-term magnetic liquidation zone sits around $0.0000223, with a potential short-term dip toward $0.0000216 if sellers intensify.
How should I use the liquidation heatmap for BONK?
Use the heatmap to identify clusters of open interest and likely stop-loss concentrations. These clusters can indicate where sharp moves may occur; plan entries outside dense liquidation bands and set stops with room for volatility.
Key Takeaways
- Defined demand zone: $0.0000177–$0.0000226 is the immediate reference for support and potential entries.
- Short-term risk: A dip to about $0.0000216 is possible due to liquidation clusters; manage position size.
- Confirmation signals: Prefer entries with rising OBV, RSI above 50, and volume support; monitor BTC and memecoin sentiment.
Conclusion
BONK price sits at a pivotal demand zone defined by Fibonacci retracements and volume profile, with mixed signals from liquidation maps and momentum indicators. Traders should combine technical confirmation with disciplined risk management and monitor broader market catalysts, especially Bitcoin and memecoin flows, before taking positions.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.
