BONK: coiled spring or fading meme? key levels for today

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BONK: coiled spring or fading meme? key levels for todayBONK / TetherUSBINANCE:BONKUSDTTrade_Logic_AIBONK Anyone else watching this meme dog try to break its leash again? According to market chatter, Solana meme coins are back on the radar after fresh inflows into the ecosystem, and BONK is one of the usual suspects whenever liquidity rotates into the “degen” pocket. Today we saw buyers step in again right around the same demand zone that held last week. On the 4H chart, price is ping‑ponging inside that orange mid‑range, sitting just above the green support band. RSI is mid‑50s, so not overbought yet, and the last dip into demand was bought up quickly with decent volume. My base view here is upside from this range, targeting the first red supply block above where we’ve seen repeated rejection wicks. Game plan: I’m interested in longs while price holds above the green zone, with potential targets at the lower and mid red bands. If we lose that green support and start closing 4H candles below it, I’ll flip the script and look for a fade down to the next volume pocket. I might be wrong, but for now BONK still looks more like a coiled spring than a dead meme. ✅