BONK Holds Range as Heavy Volume Marks Key Support Retest
CoinDesk
BONK consolidated within a wide range, with high trading volume confirming both resistance rejection and subsequent support recovery.Summary
The Solana memecoin BONK traded within a broad consolidation range just below $0.0001 over the past 24 hours, showing a slight 0.7% drop. Significant activity occurred when trading volume spiked to 1.68 trillion tokens, confirming support near $0.0000095 after a breakdown from $0.0000102. Attempts to rally were rejected near $0.0000104, reinforcing the upper boundary of the range. The token is currently oscillating within a 14.7% band, with its future momentum dependent on volume expansion at these key technical edges.
(Source：CoinDesk)