Bonk price weakens below the point of control resistance, signaling short-term vulnerability. Failure to hold the value area low could trigger a deeper correction toward untapped support zones.
Summary
- Bonk breaks below the point of control resistance, confirming bearish momentum.
- Value area low remains the final key support to hold.
- Weak volume and failed bounces suggest downside continuation is likely.
Bonk (BONK) price is showing growing signs of weakness after failing to reclaim the point of control (POC), a critical resistance level that had supported price action in recent days. The breakdown below this structure has shifted short-term sentiment bearish, suggesting that the market may be preparing for a deeper correction if the next key support level fails to hold.
Bonk price key technical points:
- Loss of POC: Price has broken below the point of control resistance, a major structural weakness.
- Key Support Zone: The value area low remains the last defense before lower targets are exposed.
- Volume Decline: Recent bounce lacks decisive bullish volume, signaling fading demand.
From a technical standpoint, the recent loss of the POC resistance is a critical development for Bonk’s price structure. The POC had served as a pivotal area where volume was concentrated, acting as equilibrium between buyers and sellers. Losing this level suggests a clear shift in control back to the bears.
If the value area low (VAL) fails to hold, Bonk could accelerate toward lower untapped support zones, extending the current correction phase. The weak volume profile reinforces this outlook, as the recent bounce showed little follow-through from buyers.
This lack of conviction indicates that the move higher was likely reactive rather than impulsive, a typical trait of corrective price action before continuation lower.
Until price reclaims the POC on a closing basis, the short-term outlook remains bearish. Such a reclaim would mark renewed demand and could shift the bias back toward accumulation; however, the absence of this confirmation keeps the downside probabilities elevated.
What to expect in the coming price action
If Bonk fails to defend the value area low, a drop toward untapped support zones becomes increasingly likely. Conversely, if the POC is reclaimed and price holds above it on strong volume, it would invalidate the immediate bearish outlook and signal a potential rotation back toward mid-range resistance levels.
For now, however, the technical landscape favors caution, as the lack of bullish volume and loss of structural support both point to continued weakness in the short term.
