$BONK Today I'll make a quick fundamental note—no shilling.

Bonk’s current pricing is more like the market is re-evaluating the strength of the narrative, not just looking at candlestick colors.

Current price: $0.0000
Market cap: $206.3M
Rank: #158
FDV: $0.0000
7D / 30D: -6.5% / -34.4%

What I care about most is the supply structure:
Circulating ratio is about 100.0%—any future unlocks/supply pressure must be factored into valuation.

Daily trend: Bearish 📉
RSI: 31.6
Support: $0.0000
Resistance: $0.0000

My take: If $BONK can reclaim the resistance, the market will start assigning narrative premium; if it breaks below support, it means capital still isn’t willing to buy this story. NFA.

Do you think $BONK is undervalued, or just another rebound trap?