BONK Rises 4% Since Friday as Volume Builds Below $0.00001 Resistance

The Solana memecoin BONK has posted steady gains, rising 1.47% in the last 24 hours to reach $0.00000954, extending a 4.2% increase since Friday. Despite this, BONK is trading just below the key psychological resistance level of $0.00001 and is underperforming the broader CD5 crypto index by about 2%. Trading volume surged significantly, 78% above the 24-hour moving average on December 7, confirming support near $0.00000900 before compressing into a narrow band near $0.00000952–$0.00000956. The immediate outlook depends on breaking resistance at $0.00000962 to target $0.00001000; failure to hold support near $0.00000951 could lead to a retest of the $0.00000900 floor.

(Source：CoinDesk)