Bonk (BONK) is exhibiting a bullish descending broadening wedge pattern on the 2-hour chart, with its price nearing the upper resistance line at $0.00001429. A successful breakout above this resistance could propel BONK to $0.00001745, marking a potential 22% increase. This pattern indicates a possible reversal following a recent dip to $0.00001274, where buying interest was observed. Should the resistance hold, BONK may continue trading within the wedge, with $0.00001380 serving as a critical support level.