Solana-based meme coin Bonk (BONK) may see a rebound after a prolonged decline, with bullish sentiment beginning to return.
Despite this optimism, the current demand for BONK may not suffice to trigger an immediate rally.
The MACD highlights growing bullish bias, with the token's MACD line attempting a bullish crossover of the signal line.
The Parabolic SAR indicator shows BONK in an uptrend, but other indicators like the RSI and Chaikin Money Flow suggest weak buying pressure and liquidity exit.
BONK’s price could fall to $0.000015 if buying pressure remains low, but it might rise to $0.000022 if momentum increases.
