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