BONK Breaks Through Overhead Resistance as Volume Jumps 85% Above Average
BONK rose 6.08% in the past 24 hours, touching $0.000009655 as the Solana-based meme token broke through a major resistance zone before late-period consolidation set in.
The move unfolded within a $0.000001682 range, delivering 17.4% intraday volatility with the chart maintaining a clear ascending structure through most of the session, according to CoinDesk Research's technical analysis data model.
The key inflection point came when BONK approached the $0.00001000 level. Trading activity surged to 3.03 trillion tokens, an 85% increase over the seven-day average. The spike coincided with BONK’s push above resistance and the formation of a temporary support shelf around $0.000009750, which held through several intraday tests.
The token subsequently reversed from a peak of $0.000009824, slipping through $0.000009750 amid a high-volume rotation. A 16.6 trillion token burst marked the breakdown, after which price steadied around $0.000009683, carving out a narrower consolidation band as activity tapered.
Technical readings show BONK holding higher lows with the $0.000009653–$0.000009683 region emerging as the new support zone. The $0.00001000 threshold remains the next major test for sustained upside. Continued stabilization within the current range could set the stage for another breakout attempt — though failure to hold the lower band opens room for another test of the $0.000009101 level.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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