Bonk fell 5.6% in the last 24 hours, falling $ 0.00002161 after a saving pressure wave reversed previous earnings and broke key support areas. Despite the short -term setback, underlying ecosystems developments continue to support a broader bullish narrative.
Attempts to recover $ 0.000022 between 20:00 UTC-21: 00 UTC hesitated despite 716.32 billion tokens in the rotation, indicating that he deepens the bearish control.
However, below the surface, Bonk foundations are strengthening. The Bonk.fun platform, closely linked to Token, has increased to domain, which represents 55% of Tokens Solana launches. More than 200,000 projects have been launched on the platform, generating the 24 -hour negotiation volume of $ 539 million on Tuesday.
Millions are being redirected in the platform rates towards Bonk’s repurchases and burns, reducing the supply and reinforcement value. Feeling of the community in x (previously Twitter) It reflects this change, with users increasingly framing Bonk’s rise. Fun as a structural market share rotation in favor of Bonk.
Although it can continue with the short -term sales pressure, the utility of the expanding ecosystem of Bonk and the aggressive tokenomic suggest a deeper and more potential upward resistance, beyond the immediate graph.
TECHNICAL ANALYSIS
- Bonk fell 6% of $ 0.000023 to $ 0.00002161 for 23 hours.
- $ 0.000023 was rejected with an increase in volume of 752.4 billion at 18:00 UTC.
- Multiple rebounds failed at $ 0.000022 despite 716.32 billion in billing confirmed the weakening support.
- The price tested the area of $ 0.000021– $ 0.000022 repeatedly, now acting as a new base.
- Brief rally of 08: 55-09: 54 UTC reached $ 0.000022, with a peak of 43.08 billion at 09:44.
- The resistance at $ 0.000022– $ 0.0000222 remains intact, keeping the bonus in a narrow range.
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