- BONK followed the previous analysis perfectly, dropping into a clean demand zone
- Liquidity now sits both above and below the current price
- Expect potential manipulation before the real move begins — stay sharp
Alright, let’s talk BONK.
If you’ve been following along with my previous updates (and honestly, if you’re trying to become a more profitable trader, you should be), then this will sound familiar: I told you BONK was sitting near a supply zone, had just taken out some liquidity, and had more resting below.
Guess what happened?
Yeah… it dropped. Right. Into. Our. Demand.
But First – What Is BONK, Again?
BONK is one of Solana’s most famous meme coins — think DOGE or SHIB, but native to the Solana ecosystem.
It started off as a community token (with some serious bark and bite), aiming to bring fun, utility, and decentralization back to Solana during a time when the vibes were… well, not great.
It gained traction fast thanks to meme culture, wild price action, and surprisingly strong community backing. But don’t let the dog logo fool you — the bonk price action lately has been cleaner than most L1s.
The Setup That Played Out
So, last time we talked about BONK, it had:
- Just taken out some liquidity
- Was chilling near a supply zone
- Still had liquidity sitting below
And if you looked at the chart since then? It literally dropped into the demand zone we had mapped out.
No surprise there.
This kind of movement is exactly why I keep saying: following liquidity and structure is more useful than chasing news or guessing candles. Trading is like chess. The board tells you what’s coming — if you’re paying attention.
Now What? Liquidity Above AND Below
Right now, BONK is in one of those moments again.
There’s liquidity resting both above and below the current price. That’s when things get interesting — and dangerous. Because here’s the truth…
When there’s liquidity on both sides, the market often does something sneaky:
- It fakes a move one way — triggering FOMO or stop losses.
- Then it reverses hard — grabbing the real move and leaving late traders behind.
It reminds me of that time BONK pumped 30% in a single day… only to retrace the whole thing in 3 hours, grabbing both long and short liquidity. This feels like one of those setups again.
But Let’s Be Real…
We can never predict the market with 100% certainty. Not even close.
BONK could go up first, grab the stops above, and then crash down for the liquidity below. Or… it might dip first, fake everyone out, then rally hard.
Either way — we stay ready. That’s what matters. The scenarios I’m laying out here? They’re possibilities, not guarantees. But man, they’ve worked more times than not.
