BONK Inches Higher in Tight Trading Range as Volume Spikes at Resistance
CoinDesk
BONK consolidated with a modest 1.1% gain, trading between $0.00000980 support and $0.00001020 resistance despite a volume spike.Summary
The Solana meme token BONK advanced 1.1% to $0.00000988, continuing its consolidation phase within a tight trading band defined by support near $0.00000980 and resistance around $0.00001020. Activity briefly accelerated with volume spiking 46% above its average as BONK tested the upper resistance level, but the token failed to sustain momentum and reverted to sideways movement as volume decreased. Buyers remain active, consistently holding support during pullbacks, but a clear breakout signal is absent. Continued range-bound trading is expected unless volume meaningfully pushes above $0.00001020; conversely, a breakdown below support could lead to a retracement toward $0.00000950.
(Source：CoinDesk)