The price of #BONK 
đ„đ„ recently broke out of a five-month-old falling wedge pattern, which is typically considered a bullish signal. This breakout indicates a possible rise in the value of the cryptocurrency.
The meme coin market has been thriving in recent weeks, and this could be an opportunity for $BONK to move closer to its previous all-time high.
BONK Traders Are Optimistic
The sentiment around BONK has significantly improved, as evidenced by a sharp increase in Open Interest (OI). Over the last 24 hours, OI has jumped 24%, rising from $8 million to $10.19 million. This surge reflects renewed interest from traders returning to the market, potentially preparing for a major rally.
