BONK is a Solana-based monument that has risen to 1.7% in the past 24 hours to $0.00002626.
Tokens are traded within 4% range, High $0.00002645, low $0.00002485According to Coindesk Research’s technical analysis data model, a $0.00000160 propagation was generated.
Prices rebounded from the lows of UTC on August 7 and moved towards peaks on Friday morning. The total surge in this recovery phase exceeded 1.09 trillion tokens, which is greater than the daily average. However, momentum stagnated with a selling price of $0.00002640, and repeated sell orders limit the rise.
Despite a brief decline, Bonk then held $0.00002600 for $0.00002600. UTC 12:07’s 48.86 billion tokens soared in volume with failed attempts over 0.00002615, enhancing the established resistance zone. Bonk may have merged below $0.00002630 now, while traders are focusing on whether tokens can break higher or face renewed sales pressure.
Market sentiment across factors remains cautious In the wider crypto volatility. The agency flow has shown signs of spinning to a more established asset, but Bunker’s ongoing support is $0.00002550-$0.00002600, indicating that buyers are still active.
Technical Analysis
- The transaction range is 4%, with a span of $0.00002485 to $0.00002645.
- The resistor was confirmed several times as $0.00002640.
- The support zone is $0.00002550–$0.00002600.
- During the tension phase, the volume increases to 1.09 trillion tokens.
- A breakout failure of $0.00002615 results in a callback.
- Overhead liquidity observed in the $0.00002580–$0.00002610 band.
- After the peak, indoor volatility produced several lower highs.
Disclaimer: Part of this article was generated with the assistance of AI tools and reviewed by our editorial team to ensure accuracy and compliance Our standards. For more information, see Coindesk’s complete AI policy.
