Bonk recovered more than 9% in the last 24 hours, moving from $ 0.000022 to a peak of $ 0.000024.
The negotiation range covered $ 0.000002, which represents significant volatility, with a strongly concentrated impulse in the early hours of the morning, according to the technical analysis data model of Coindesk Research.
The negotiation volume exceeded 1.2 billion tokens during key rebound attempts at 06:00 and 07:00 UTC, which underlines a strong short -term demand.
The rally met with strong resistance to $ 0.000024, where progress was rejected, confirming this level as a short -term roof. The support was developed around $ 0.000023, while Bulls pressed higher during the morning division, the late session trade showed signs of exhaustion.
Between 11:53 and 12:52, Bonk decreased 1.14% of $ 0.000023459 to $ 0.000023190, since the volume increased above 35 billion tokens in a concentrated wave of sale. That investment erased part of the previous rally and left the token that consolidated just above its established support zone.
Performance occurs in the midst of changing dynamics within the Memecoin sector. While Bonk and Dogecoin Keep the newest projects, such as Layerbrett and Little Pepe, are capturing the market share by offering rethinking mechanisms and layer 2 integrations. The social commitment for the tokens Legacy Meme has cooled, while merchants are turning to tokens with public services based on public services.
Technical analysis
- Bonk recovered 9% of $ 0.000022 at $ 0.000024 in 24 hours.
- Consolidated support at $ 0.000023 with purchase pressure during repeated tests.
- The resistance hardened at $ 0.000024 with a constant rejection in the high volume.
- The negotiation volume reached its maximum point in 1.2 billion tokens during attempts to highlight morning.
- A decrease erased 1.14% of the maximum intradic.
- A mass sale between 12: 30–12: 45 UTC brought volume peaks above 35 billion tokens.
- Enter $ 0.000023180 suggestion in possible trend investment signals.
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