The analysis focuses on the BONK/USD cryptocurrency pair using technical chart patterns. The price experienced a flash crash. Since March 2024 the price action has been mostly sideways. Resistance levels are identified at 0.000019634, 0.000020433 and 0.000022221. Support is analyzed between 0.000005617 and 0.000009935. A B wave bounce may be occurring, but the analysis is bearish, with no evidence of a meaningful low having formed. A C wave decline is possible. Current prices are under pressure and capped below the 0.000019634 resistance.