Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
BONK Lines Up Dual Bullish Patterns With 17 Percent Upside Target

BONK Lines Up Dual Bullish Patterns With 17 Percent Upside Target

KriptoworldKriptoworld2025/11/26 16:00
By:by Tatevik Avetisyan

Nov. 27, 2025 – Bonk’s BONK/USD 1-hour chart on Coinbase shows price consolidating inside a bullish flag pattern after a sharp move up from last week’s lows.

Candles now trade between two downward-sloping parallel lines, with BONK hovering near 0.00000979 dollars above the 50-period exponential moving average.

BONK Bullish Flag Setup.

A bullish flag pattern appears when an asset pauses in a tight, downward-leaning channel after a strong upward rally, usually signaling continuation rather than reversal.

In this case, the flag’s upper boundary caps intraday rallies, while the lower boundary and the 50-EMA act as support as buyers defend higher levels than before the breakout move.

If BONK breaks and closes above the flag’s upper trendline with stronger volume, the pattern would confirm a continuation toward its measured objective.

The flagpole from the prior surge projects an upside move of roughly 17 percent from the current price, implying a potential target near 0.00001148 dollars if the breakout holds.

However, a sustained drop back below the lower flag boundary and the 50-EMA would weaken the pattern and suggest the consolidation is turning into a deeper pullback instead of a continuation.

BONK Nears Breakout From Multi-Month Falling Wedge

BONK has spent recent months inside a descending wedge on Binance, with candles tightening between two falling trendlines as volatility cools.

The range now sits close to the wedge’s apex, where breakouts often occur when selling pressure fades.

BONK Falling Wedge Breakout Chart.

Earlier on Nov. 27, a bullish flag formed on the 1-hour Coinbase chart after a sharp rally.

A bullish flag appears when price pauses in a short, downward-sloping channel following a strong move up, usually signaling continuation once buyers push through the flag’s upper boundary.

Unipcs, known as the “Bonk Guy,” wrote that BONK is “very close” to breaking this multi-month wedge.

He noted that traders have called the token “dead” several times in past cycles, only for it to recover and reach new all-time highs.

He added, “I do not think BONK is dead. If anything, I’m quite confident it’s going to make new ATHs.”

If BONK closes above the upper lines of both the intraday flag and the broader wedge with follow-through, the measured flagpole move points to roughly 17 percent upside toward the next technical objective on the chart.

BONK Lines Up Dual Bullish Patterns With 17 Percent Upside Target image 0 BONK Lines Up Dual Bullish Patterns With 17 Percent Upside Target image 1
Tatevik Avetisyan
Editor at Kriptoworld
LinkedIn | X (Twitter)

Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.

📅 Published: November 27, 2025 • 🕓 Last updated: November 27, 2025

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Report: TSMC to Raise Wafer Foundry Prices by 3% to 6% Starting January Next Year, Order Visibility Extended to 2030

According to media reports, TSMC's advanced and high-priced processes such as 2nm and 3nm have seen the largest price increases; mature and specialty processes are subject to individual negotiation based on products, capacity utilization, and customer conditions. Currently, TSMC's 8-inch fabs have a capacity utilization rate exceeding 100%, and processes below 45nm are at full capacity. The construction of AI data centers is not only driving demand for GPU and HBM, but also boosting orders for mature processes such as PMIC, MCU, and analog ICs.

华尔街见闻2026/09/23 20:36

U.S. Treasury plans to repurchase up to $6 billion in long-term bonds, 30-year yield hits highest since 2007

This is the second round of enhanced long-term bond buybacks by the Treasury, this time focusing on 20- to 30-year government bonds. After the announcement of the planned upper limit, the yield on 30-year U.S. Treasury bonds continued to rise, at one point exceeding 5.4%. In the first round of enhanced buybacks two weeks ago, the upper buyback target was also $6 billion, which was lower than some market participants had expected, and the actual buyback amounted to only $5.2 billion due to insufficient competitive bidding, according to the Treasury.

华尔街见闻2026/09/23 20:36