Technical analysis by MadWhale about Symbol BONK: Buy recommendation (8/6/2025)

Hello✌️ Let’s analyze Bonk’s price action both technically and fundamentally 📈. 🔍Fundamental analysis: BONK's launchpad is moving $165M daily and buying back tokens with 1% fees. But yeah, with the meme coin world still shaky, BONK fell 10.3% in May’s big selloff. If launchpad hype keeps up, it might help, but BONK’s still riding the emotional rollercoaster. 🎢 📊Technical analysis: BONKUSDT has lost all major Fibonacci supports, with daily support now its crucial defense. Holding this level could trigger a 25% rally toward 0.000029. 📉⚡ ✨We put love into every post! Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks, Mad Whale