BONK climbed 6.08% in the past 24 hours, reaching $0.000009655 after the Solana-based meme token broke above a key overhead resistance zone before consolidating later in the session. The move came within a $0.000001682 trading range, generating 17.4% intraday volatility, according to CoinDesk Research’s technical analysis model.
The surge accelerated as BONK approached the $0.00001000 psychological level. Trading volume spiked to 3.03 trillion tokens, an 85% increase over the seven-day average, coinciding with the resistance breakout and the establishment of a temporary support around $0.000009750. That level held through several intraday retests.
BONK later reversed from an intraday high of $0.000009824, slipping below $0.000009750 during a high-volume rotation. A subsequent 16.6 trillion token burst marked the breakdown, after which the price stabilized near $0.000009683, forming a tighter consolidation band as activity slowed.
Technical indicators now show BONK maintaining a structure of higher lows, with the $0.000009653–$0.000009683 area acting as the new support region. The $0.00001000 mark remains the next major barrier for upward continuation. If the token holds its lower consolidation band, it may attempt another breakout, while failure to maintain support opens the possibility of a retest of $0.000009101.
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