Bonk, a same, based in Solana, increased by 1.7% in the last 24 hours to 0.00002626 $.
The token exchanged in a 4%range, with a summit of $ 0.00002645 and a minimum of $ 0.00002,485, producing a spread of $ 0.00000,160, according to the Technical Analysis Data model of Coindesk Research.
The price rebounded at the hollow at 4:00 p.m. UTC on August 7, moving towards the summit during the European morning on Friday. This recovery phase saw a total volume of 1.09 Billion of tokens, greater than the daily average. However, the momentum is dead at $ 0.00002640, where repeated sales orders have capped movements upwards.
Bonk subsequently held above $ 0.00002,600 despite brief drops. A volume peak of 48.86 billion tokens at 12:07 UTC coincided with an attempted rupture failed beyond $ 0.00002615, strengthening the established resistance zone. Bonk may have consolidated below 0.00002630 $ for the moment, leaving the merchants focus on the fact that the token can break or cope with a renewed sales pressure.
The feeling of the market through the same remains cautious in the midst of the volatility of wider cryptography. Institutional flows have shown signs of rotation in more established assets, but the sustained support of Bonk at $ 0.00002550 to $ 0.00002600 suggests that buyers remain active.
Technical analysis
- The 4% negotiation range took place from $ 0.00002,485 to $ 0.00002645.
- Resistance confirmed several times to $ 0.00002640.
- Support area established at 0.00002550 to $ 0.00002600.
- Volume pice of 1.09 Billion of tokens during the rally phase.
- The failure of the failure at $ 0.00002615 led to a withdrawal.
- High liquidity observed in the band from 0.00002580 to $ 0.00002610.
- Intra -day volatility produced several lower peaks after the peak.
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