BONK: Analyzing the Memecoin’s odds of a 30% rally

If BONK can hold its ground at 0.000025 USD, it has the potential to rally to 0.000035 USD. However, if it falls below this level, the coin could drop to approximately 0.000016 USD.

Currently, there is strong trader confidence, with 52.98% in long positions. Recent data indicates a significant 4.5 million USD outflow of BONK from exchanges, signaling increasing demand.

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