Date: Mon, Oct 20, 2025 | 11:35 AM GMT
The cryptocurrency market is starting the new week on a bullish note after last week’s choppy momentum. Both Bitcoin (BTC) and Ethereum (ETH) are trading higher, gaining over 2% each, which has helped lift sentiment across major memecoins, including Bonk (BONK).
BONK has climbed more than 5% today, extending its upward momentum as a key harmonic pattern on its chart signals that the rally could still have more room to grow.
Harmonic Pattern Hints at Potential Upside
On the 4-hour chart, Bonk (BONK) appears to be forming a Bearish Bat harmonic pattern. Despite the “bearish” name, the structure often experiences a strong bullish leg during its final phase (CD leg) before completing near the Potential Reversal Zone (PRZ).
The pattern originated at Point X near $0.00002217, followed by a sharp correction to Point A, a rebound to Point B, and a secondary pullback to Point C around $0.00001316. From that low, BONK has started to recover steadily and is currently trading near $0.00001529, showing early signs of strengthening momentum.
Importantly, BONK is now positioned just below its 100-hour moving average (MA) at $0.00001705, which serves as a critical breakout level. A confirmed breakout above this line could flip resistance into support, potentially accelerating the next bullish leg toward the PRZ.
What’s Next for BONK?
If buyers manage to hold the support near $0.00001465 and push prices above the 100-hour MA, the Bat pattern projects a potential rally toward the PRZ zone between $0.00002111 and $0.00002217 — representing an upside of around 45% from the current price.
These levels correspond to the 0.886 and 1.0 Fibonacci extensions, which are often key completion points for harmonic structures. Historically, such setups tend to see strong momentum until these targets are reached.
However, if BONK fails to maintain support within the CD leg, the pattern’s bullish outlook could lose strength, opening the door for short-term correction before another rebound attempt.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.
The opinions and market insights shared on CoinsProbe represent the views of individual authors based on prevailing market conditions at the time of publication. Cryptocurrency investments carry significant risk and volatility. Readers are encouraged to conduct their own research and seek professional financial advice before making investment decisions. CoinsProbe and its contributors do not accept responsibility for financial losses or decisions made based on published content.
CoinsProbe may publish sponsored articles, affiliate links, or promotional collaborations. All sponsored material is clearly labeled to maintain transparency with our audience. Our editorial decisions remain fully independent, and advertising partnerships do not influence reviews, rankings, or published opinions.
Since 2023, CoinsProbe has delivered reliable insights on cryptocurrency, blockchain, and digital assets. Our content is created by experienced researchers and analysts who follow strict editorial standards focused on accuracy, transparency, and credibility. Every article is carefully reviewed and verified using trusted sources and current market data. We provide unbiased analysis and timely updates covering everything from emerging crypto projects to major industry developments.
