BONK climbed in the last 24 hours, rising around 10.6% to around $0.00000833 as the token passed through an important technical threshold.
The move unfolded steadily, with price tracking higher across the session and setting a series of higher intraday lows before reaching peaks near $0.00000844, according to CoinDesk Research’s technical analysis data model.
The most decisive acceleration came as trading activity picked up significantly during the move above $0.00000820, a level that had capped previous progress. That push brought BONK into the upper end of its recent range, marking one of its strongest daily performances in weeks. Volume remained high throughout the advance, highlighting increased participation as price tested higher levels.
BONK subsequently eased back towards the $0.00000830-$0.00000835 zone, where the trade narrowed to a narrower range. The pullback has so far been contained, with price holding above the previous breakout area near $0.00000820, which now serves as an important reference point.
As BONK consolidates, the near-term focus is on whether the token can stay above $0.00000820 and build a base for another attempt towards the $0.00000840-$0.00000845 range. A sustained move below this level would shift attention back to the lower end of the recent range, while stability above it would keep the short-term upward bias intact.
Disclaimer: Portions of this article were generated with the help of AI tools and reviewed by our editorial staff to ensure accuracy and compliance with our standards. For more information, see CoinDesk’s full AI policy.
