BONK is exhibiting signs of a potential breakout, as pointed out by crypto analyst Sheldon The Sniper.
He indicates that the meme coin is currently trading in an accumulation zone, staying below a crucial weekly trendline.
If BONK manages to break above this trendline, it could experience substantial gains. The potential targets are set at $0.0000627 and $0.0001592, reflecting a highly bullish outlook.