Bonk (BONK): Assessing the Credibility of a Double-Bottom Reversal Amid Prolonged Selling Pressure

The meme coin sector has long been a battleground of retail hype and institutional skepticism, but Bonk (BONK) is emerging as a unique case study. As Solana's native meme token, BONK has navigated a volatile October 2025 with a mix of technical resilience and growing institutional backing. The question now is whether the recent price action-a potential double-bottom reversal-can withstand prolonged selling pressure or if it's merely a temporary reprieve in a broader bearish trend.

Technical Confluence: A Double-Bottom in the Making?

BONK's price action over the past week has sparked renewed optimism. After breaking through the $0.00001380 resistance level, the token surged 4.6% to $0.00001394, supported by a 67% spike in trading volume to 1.15 trillion tokens, CoinDesk reported. This breakout, coupled with consecutive higher lows, suggests a potential double-bottom pattern forming on the higher-timeframe chart. The pattern's validity hinges on BONK reclaiming the point of control (POC), a critical volume-defined pivot zone, to confirm a bullish reversal, Crypto.news reported.

However, the path isn't without challenges. BONK recently tested support at $0.0000143, breaking below the $0.0000146 level amid a 122% surge in volume, CoinDesk analysis. This breakdown, while bearish in the short term, also revealed late-session buying interest at $0.0000142930, hinting at early base-building by institutional or algorithmic traders. The immediate focus now lies within the $0.0000143–$0.0000144 consolidation band, with resistance at $0.0000144018 and $0.0000146 acting as key hurdles, CoinDesk noted.

Broadly, BONK remains in a mid-range trading zone between $0.00001054 support and $0.0000187 resistance, with declining volume signaling weakening demand, CoinMarketCap reported. A retest of the $0.00001054 level could trigger a range rebound if buyers return, but this scenario depends on the double-bottom pattern's confirmation.

Institutional Sentiment: A New Era of Confidence

While technical indicators provide a roadmap, institutional sentiment often acts as the catalyst for sustained reversals. In October 2025, Bonk Holdings Inc. (Nasdaq: BNKK) made headlines by acquiring 2.26 trillion BONK tokens valued at $32.7 million, establishing the first BONK digital asset treasury and controlling 3% of the token's supply, Coinotag reported. The company's plan to double its holdings to 5% by year-end underscores a strategic bet on BONK's long-term value.

This institutional backing isn't just about accumulation-it's about integration. Bonk Holdings has secured a 10% revenue-sharing stake in BONK.fun, a platform processing over $100 million in daily trading volumes, Coinotag noted. The acquisition was executed through FalconX and stored in a Solana Squad Multisig wallet via Fireblocks, emphasizing institutional-grade custody standards.

Harbinger Research's recent equity coverage further validates this trend. StockTitan reported that the research positions the company as a "premier public vehicle" for the multi-billion-dollar BONK ecosystem, highlighting its dual revenue streams: operational cash flow from DeFi products and a deflationary treasury strategy. StockTitan's report also emphasizes the structural case for institutional adoption. With the Solana blockchain generating nearly $3 billion in revenue over the past 12 months, BONK's institutional adoption is no longer speculative-it's structural.

Confluence of Forces: Technical and Institutional Alignment

The most compelling argument for BONK's double-bottom reversal lies in the alignment of technical and institutional factors. Over the past six months, BONK has formed a falling wedge pattern-a setup historically associated with a 70% probability of upward resolution, FinanceFeeds noted. The token's ability to hold above the 100-hour moving average, despite short-term volatility, reflects underlying strength.

Whale accumulation and an 88% surge in trading volume to $196 million further reinforce this narrative, FinanceFeeds also noted. These metrics suggest that BONK is not just a retail-driven meme coin but a token with institutional-grade liquidity and strategic value. The recent 4.6% weekly gain, coupled with Bonk Holdings' treasury expansion, creates a feedback loop: rising demand from institutional buyers could drive the price higher, which in turn validates the double-bottom pattern and attracts more capital.

The Road Ahead: A Multi-Leg Rally or a False Dawn?

BONK's next move will depend on three key factors:
1. Double-Bottom Confirmation: A sustained close above $0.00001400–$0.00001410 would validate the pattern and open the door to the value area high (VAH), Crypto.news reported.
2. Institutional Execution: Bonk Holdings' ability to execute its 5% supply target and expand its revenue-sharing partnerships will signal confidence in the token's utility.
3. Solana Ecosystem Momentum: As the Solana blockchain continues to attract DeFi and NFT activity, BONK's role as a native token could see increased demand.

If these factors align, BONK could see a multi-leg rally as 2025 progresses. However, a breakdown below $0.00001380 would invalidate the double-bottom and reignite bearish pressure.

Conclusion

Bonk (BONK) stands at a critical juncture. The technical case for a double-bottom reversal is compelling, but it's the institutional backing-through treasury acquisitions, revenue-sharing stakes, and strategic integration-that adds credibility to the pattern. While prolonged selling pressure remains a risk, the confluence of technical and institutional forces suggests BONK is more than a fleeting meme coin. For investors, the key is to monitor the POC reclamation and Bonk Holdings' execution. If both deliver, the token could redefine what it means to be a "meme" in the institutional crypto landscape.