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Why the consolidation of BONK may end in this dual bullish pattern
As the asset is in the accumulation stage, BONK is expected to benefit from the next bullish market.
Currently, BONK is trading in a double bullish mode, indicating accumulation and potential to reach higher price levels.
However, the sentiment on the chain is still mixed. While some indicators highlight the existence of bearishness, others indicate increased liquidity, leading to divergences in the market.
In the past month, Bonk [BONK] has been struggling, falling by 25.29%, failing to bring profits to investors. Despite this, the recent price trend shows a slight sign of recovery, with the asset rising by 0.16% in the past 24 hours.