Both Shiba Inu (SHIB) and BONK have shown bullish momentum with inverse head-and-shoulders patterns. SHIB recently surged 5.2% from $0.00001136 to $0.00001195, establishing support at $0.00001162 following significant trading volume spikes. The completion of the inverse head-and-shoulders pattern indicates a shift in momentum for SHIB, with technical indicators suggesting continued bullish trends. In contrast, BONK, a memecoin on the Solana blockchain, increased by 23%, spurred by ETF speculation and strong buying interest. This rally also marks BONK nearing a milestone of one million holders. The analysis highlights BONK's significant price activity and support level around $0.0000161. Both tokens appear to maintain their upward trajectory, indicating investor confidence as they benefit from broader market influences, particularly related to ETF discussions.

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