Bonk Battles the Bastions: Will the Meme Coin Escape Its Pennant Prison?

The stage is set. BONK (how understated the name!) is spinning beneath an imposing chandelier of technical confluences: the point of control (for those who believe in order), the value area high (for those who believe in hope), the upper trendline of the pennant (for those who believe in geometry), and, naturally, the resistance itself, radiating an air of aristocratic indifference. Momentum wanes; price trembles—a soirée that might climax in euphoria, or dissolve into that most dreadful of things, a ‘healthy correction’ (the financial version of being sent to one’s aunt in the country).



