BONK rose over the past 24 hours, rising roughly 10.6% to around $0.00000833 as the token advanced through a key technical threshold.
The move developed steadily, with the price rising throughout the session and setting a series of higher intraday lows before reaching peaks near $0.00000844, according to CoinDesk Research’s technical analysis data model.
The most decisive acceleration came when trading activity expanded significantly during the move above $0.00000820, a level that had limited previous advances. That momentum took BONK to the top end of its recent range, marking one of its strongest daily performances in weeks. Volume remained elevated throughout the advance, underscoring increased participation as prices tested higher levels.
BONK subsequently retreated towards the $0.00000830 – $0.00000835 zone, where trading narrowed to a tighter range. So far, the pullback has been contained, with the price holding above the previous breakout area near $0.00000820, which now acts as an important reference point.
As BONK consolidates, near-term attention is focused on whether the token can remain above $0.00000820 and build a base for another attempt towards the $0.00000840-$0.00000845 area. A sustained move below that level would bring attention back to the lower end of the recent range, while stability above it would keep the short-term bullish bias intact.
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.
