BONK saw a notable surge in the last 24 hours, increasing approximately 10.6% to around $0.00000833 as the token moved past a critical technical level.
The rise was gradual, with prices climbing steadily throughout the session and establishing a series of higher intraday lows before peaking near $0.00000844, as indicated by CoinDesk Research’s technical analysis data model.
The most significant acceleration happened when trading momentum picked up substantially during the movement above $0.00000820, a level that had previously limited growth. This push propelled BONK into the higher end of its recent price range, marking one of its strongest daily performances in weeks. Trading volume remained high as the price tested new heights, suggesting increased participation.
BONK then retraced towards the $0.00000830–$0.00000835 zone, where trading narrowed into a tighter band. The pullback has been contained thus far, with prices maintaining levels above the earlier breakout point of $0.00000820, which has become a pivotal reference.
As BONK solidifies its position, the immediate focus is on its ability to stay above $0.00000820 and build a foundation for another move towards the $0.00000840–$0.00000845 range. A sustained drop below this threshold would redirect attention to the lower end of the recent range, while stability above it would uphold the short-term upward trend.
Disclaimer: Some sections of this article were created with AI assistance and reviewed by our editorial team to ensure accuracy and compliance with our standards. For further details, please refer to CoinDesk’s full AI Policy.
