Technical analysis by TehLamboX about Symbol BONK: Buy recommendation (7/15/2025)

BONK has executed a clean breakout above the multi-month descending trendline, supported by increasing volume and momentum. The asset has also reclaimed the prior local top, indicating a structural shift in market direction. Price is now approaching a critical retest zone near the breakout level. If this area holds as new support, it would confirm the breakout and validate the bullish continuation setup. Measured Move Target: 0.00004303 Potential Upside: ~218% from retest confirmation. A successful retest followed by bullish price action would reinforce the breakout and open room for further expansion.