Bonk rallied more than 9% in the last 24 hours, going from $ 0.000022 to a peak of $ 0,000024.
The trading beach lasted $ 0.00,0002, representing significant volatility, with highly concentrated momentum in the early morning, according to the Technical Analysis Data model of Coindesk Research.
The volume of trading exceeded 1.2 billion of tokens during attempts at key rebound at 06:00 and 7:00 UTC, highlighting a large short -term demand.
The rally encountered rigid resistance at $ 0.000024, where progress has been rejected, confirming this level as a short -term ceiling. The support developed around $ 0.000023, while the bulls pressed above during the early morning walk, trading at the end of the session showed signs of exhaustion.
Between 11:53 am and 12:52 pm, Bonk decreased by 1.14% from $ 0.000023459 to $ 0.000023190, because the volume increased above 35 billion tokens in a concentrated sales wave. This reversal has erased part of the previous rally and let the token consolidating just above its established support area.
Performance comes in the middle of the change dynamics in the same sector. While Bonk and Dogecoin Rightly exchanged, more recent projects such as Layerbrett and Little Pepe capture market share by offering implementation mechanisms and diaper 2. Social commitment for tokens of inherited memes has cooled, while merchants are running token with models focused on public services.
Technical analysis
- Bonk joined 9% from $ 0,000022 to $ 0.000024 in 24 hours.
- Consolidated management at $ 0.000023 with a purchase pressure during repeated tests.
- The resistance hardened at $ 0.000024 with a coherent rejection over a high volume.
- The volume of trading peaked at 1.2 billion of tokens during attempts to break in the morning.
- A drop erased 1.14% of intrajournalier heights.
- A sale between 12: 30 and 12: 45 UTC transported volume peaks greater than 35 billion tokens.
- Intrajournar trees at 0.000023180 $ indicate any reversal signals of trends.
Non-liability clause: Parties of this article were generated with the help of AI tools and examined by our editorial team to guarantee the accuracy and membership of Our standards. For more information, see Complete Coindesk AI policy.
