Meme Coin BONK Susceptible to 50% Decline Amid Bearish Cues

Bonk failed to breach a key resistance trend line, which would have resulted in the meme coin escaping further decline. However, looking at the descending wedge BONK is stuck in, it warrants another drawdown. This sentiment is also shared by investors who place short bets on the meme coin. Bonk Funding Rate Dips Again At the time of writing, Bonk’s price is above an important... source: https://beincrypto.com/meme-coin-bonk-susceptible-to-decline/