Yes. The original meaning of "honk" is actually "the sound a goose makes". Car horns and noses are both said to "honk" by comparison to geese. I(t's not very common to talk about noses honking, but it's definitely not rare.

Hi there The phrase "honk your nose" usually means squeezing your nose. To blow your nose is to clear your nose if you are sick for example. For car horns, you can either honk or blow your horn