coindesk.com
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: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.