news 
**BONK Breaks Multi-Month Downtrend with 60% Weekly Surge, Promises ‘Fun Stuff’**
In a stunning reversal, the crypto market has witnessed BONK, a popular meme-based token, break its multi-month downtrend by surging 60% in just one week. The sudden upswing has sent shockwaves throughout the community, with analysts and enthusiasts alike scrambling to make sense of this unexpected turn of events.
As reported by Coinspeaker, the price action has seen BONK clear the descending trendline, a critical level that has long been a barrier to further growth. The coin’s market capitalization has also seen significant gains, as investors and traders rush in to capitalize on the sudden bullish momentum.
The catalyst behind this surge is unclear at present, but BONK’s developers have hinted at “fun stuff” in store for the community, fueling speculation about upcoming developments that could drive further growth. As such, it remains to be seen whether these claims will materialize and continue to propel the token’s price upward.
In related news, analysts are now revising their predictions to take into account this sudden shift in sentiment. Notably, Crypto Joe highlighted a bullish pennant formation on lower timeframes, targeting a near-term move to $0.00002690, which aligns closely with the 2.618 Fib level. Meanwhile, World of Charts has also turned bullish, predicting a possible 2x increase in the coming days.
Should BONK be able to break above the 200-day simple moving average at $0.00002410, it could unlock a path toward January’s high near $0.000040, representing a staggering 104% rally from current levels and placing the token firmly back on the radar of top-performing altcoins in Q2 2025.
As always, caution is advised when considering any investment or trading decision.
Source: https://www.coinspeaker.com/bonk-breaks-downtrend-60-percent-weekly-surge/
