Bonk posted one of its most important intradays in recent weeks, climbing $ 0.000025 to $ 0.000027 during the period 24 hours a day, August 12 at 1:00 p.m. UTC at August 13 at 12:00 pm UTC.
The Even token -based token was exchanged in a range of $ 0.000031, representing 13% volatility, while the traders capitalized at a short -term moment, according to the Technical Analysis Data model of Coindesk Research.
The rally started after Bonk established a solid support at $ 0.000024, with the interest of purchasing interests. The momentum took place until the first hours of August 13, where the token reached its daily summit of $ 0.000027 between 3:00 a.m. and 04:00 UTC.
Commercial volumes have constantly exceeded the average of 24 hours of 956.8 billion tokens, reporting a strong participation of retail merchants and the largest players on the market.
However, the gains were difficult to maintain.
Bonk reversed 1% in the American morning, going from $ 0.000027 to 0.00002646. The heaviest sales pressure took place at 12:52 pm UTC, when a sharp drop accompanied by a volume peak of $ 38 billion, suggesting profits by the greatest holders.
As a background, Bonk’s negotiation activity occurs a few days after the security shooting on the NASDAQ revealed an allowance of $ 25 million to the token ecosystem via the Bonk.fun Launchpad platform. Although this announcement preceded this rally, it underlines the institutional interest in the project.
With the support always intact at 0.000024 and a resistance firmly established at $ 0.000027, the traders will watch closely to see if Bonk can break higher in the coming sessions or consolidate before its next major movement.
Technical analysis
- Support area: $ 0.000024 holder throughout early negotiation.
- Resistance pex: $ 0.000027 tested between 03: 00-04: 00 UTC on August 13.
- Total beach: $ 0.000031, representing 13% volatility.
- Average daily volume: 956.8b chips; exceeded for most of the rally.
- The biggest sales peak: chips 38b at 12:52 UTC during the decline at 1%.
- End of session decline: $ 0,000027 to $ 0.00002646 in the last hour.
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.
