@999eth
Golden Cross Coming: Can BONK Bounce 77%?
BONK has been on a strong bullish run lately, helping investors recover most of their losses since early 2025. However, the “dog” memecoin still has a long way to go before it can completely reverse its downtrend from the start of the year.
However, positive signals from investors and market indicators are suggesting that a recovery could be just around the corner.
BONK Sends Strong Bullish Signal
Technical analysis shows that BONK is approaching a Golden Cross pattern – when the 50-day EMA crosses above the 200-day EMA.
This is a technical signal that is considered very positive, often accompanied by strong bullish momentum.