Bonk can see a major reversal, unless this happens first

BONK, the Solana-based memecoin, has recently witnessed a significant price surge of 7%. This rise is attributed to active whale participation and strong retail trading activities, suggesting a constructive shift in market sentiment.

As the buying pressure traverses through whales and retail investors, there is a potential for a longer bullish trend. Nonetheless, one should remain cautious of possible short-term corrections.