BONK surged over the past 24 hours, increasing by around 10.6% to around $0.00000833 as the token crossed a key technical threshold.
The move played out steadily, with prices tracking higher throughout the session and establishing a series of higher intraday lows before reaching highs near $0.00000844, according to CoinDesk Research’s technical analysis data model.
The most decisive acceleration occurred when trading activity expanded significantly during the move above $0.00000820, a level that had capped previous advances. The surge propelled BONK into the high end of its recent range, marking one of its strongest daily performances in weeks. Volume remained high throughout the advance, highlighting increased participation as prices tested higher levels.
BONK then moved back towards the $0.00000830 to $0.00000835 area, where trading narrowed into a tighter range. The pullback has so far been contained, with price holding above the previous breakout zone near $0.00000820, which now serves as an important reference point.
As BONK consolidates, the near-term focus is on whether the token can stay above $0.00000820 and provide a base for another attempt towards the $0.00000840 – $0.00000845 zone. A sustained move below this level would bring attention back to the lower end of the recent range, while stability above this level would keep the near-term bullish bias intact.
Disclaimer: Portions of this article were generated with the help of AI tools and reviewed by our editorial team for accuracy and compliance. our standards. For more information, see CoinDesk Comprehensive AI Policy.
