Dog-themed memecoin Bonk (CRYPTO: BONK) has corrected since hitting its peak last week, but an analyst feels such retests are great confirmation signals for further upside. What Happened: On Sunday, prominent cryptocurrency trader Rekt Capital took to X, formerly Twitter, to express his views on the trajectory of the Solana (CRYPTO: SOL)-based token. He suggested that the cryptocurrency could see a bit more downside in June, which could potentially lead to a macro retest of its previous breakout range. This viewpoint comes in the wake of BONK’s continued slide ever since it recorded its all-ti…
