After months of sideways action, the BONK coin’s recent price structure, smart money inflow, and technical patterns suggest something big may be brewing.
As of June 2, 2025, the BONK price is trading at approximately $0.00001675, showing a slight recovery from its weekly lows but still down over 17% on the 7-day chart.
Despite the short-term price dip, traders and analysts are reading between the lines, and many like what they see.
Technical Indicators Signal Incoming BONK Price Rally
According to a tweet from popular crypto trader Solid, the BONK coin has historically shown strong rallies every time it holds the 50 RSI level within its current price range.
The attached chart highlights multiple green arrows at past RSI-support zones that were followed by sharp price spikes. Solid says, “It won’t be different this time.”
This sentiment is echoed across crypto Twitter as many traders anticipate another explosive leg upward if RSI support holds once again.
READ MORE: Shiba Inu Price Prediction: Will this Fallen Angel Rebound in June?
Moreover, one of the most compelling signals comes from meme coin enthusiast CryptoS6, who notes that the BONK coin has printed a deep-green VMC (Wave Momentum Cross) dot, only the third in its trading history.
This same signal preceded BONK’s legendary 6,000% rally in September 2023 and a 220% spike in September 2024. With momentum approaching the zero line and money flow trending green, the setup suggests that the BONK price may be coiling for another breakout move.
CryptoS6 outlines clear bullish checkpoints: weekly close above $0.000020, volume-backed breakout above $0.000030, and breakout projection between $0.000050 and $0.000090.
These levels mark both the upper bound of its long-term reaccumulation range and the next potential resistance zones for traders to watch.
BONK Coin Leads in Accumulation
Supporting the bullish thesis, data from tracking platform StalkChain, as shared by The Solana Post, shows that BONK was the most bought token by smart money over the past 3 and 7 days. This suggests that whales and early investors are positioning for a bigger move ahead.
In both short-term and weekly metrics, BONK leads tokens like DOGWIFHAT (WIF), POPCAT, and JUP, highlighting BONK’s increasing dominance in the meme coin narrative.
With 24-hour volume nearing $190M and a market cap of $1.33B, BONK remains one of the most actively traded meme tokens in the Solana ecosystem.
However, technical analysis from TradingView’s BONK/USDT summary shows a short-term bearish bias, with most moving averages flashing “Sell” signals. The RSI sits at 40.9, slightly below the neutral level of 50, indicating BONK Coin is nearing oversold territory but not yet in full rebound mode.
READ MORE: XRP Price Prediction for June: Is Ripple a Buy or Sell?
