BONK fell 6.2% in the last 24 hours, falling to around $0.000008331.
The move developed within a range of $0.000001202, representing approximately 13% intraday swings as speculative positioning developed, according to CoinDesk Research’s technical analysis data model.
Price had a firmer footing during the Asian morning, with BONK briefly falling to $0.000007941 before recovering sharply. The bounce took the token above $0.000008300, suggesting that demand surged at lower levels despite the broader downtrend.
Short-term price action shows BONK consolidating after the bounce, with overhead resistance clustered between $0.0000084 and $0.0000085 and deeper support defined near the session low. Until the token can reclaim the $0.0000091 area, trading conditions will remain consistent with stabilization following a sharp sell-off rather than a confirmed trend reversal.
Disclaimer: Portions of this article were generated with the help of artificial intelligence tools and were reviewed by our editorial team to ensure accuracy and compliance. our standards. For more information, see CoinDesk’s full AI policy.
