Bonk convened more than 9% over the past 24 hours and went on from $ 0.000022 to a highlight of $ 0.000024.
The trade area spans $ 0.000002, representing significant volatility, with momentum strongly concentrated in the early morning hours, according to Coindesk Research’s technical analysis data model.
Trade volume exceeded 1.2 trillion tokens during central rebound trials at. 06:00 and 07:00 UTC, which emphasized a strong short -term demand.
The rally met stiff resistance of $ 0.000024, where progress was rejected, confirming this level as a short -lived ceiling. Support developed around $ 0.000023, while bulls pressed higher during the early morning outbreak, trade in late session showed signs of exhaustion.
Between 11:53 and 12:52, Bonk fell 1.14% from $ 0.000023459 to $ 0.000023190, when volume spiked over 35 billion tokens in a concentrated wave of sales. This reversal deleted part of the former rally and left token consolidation just above its established support zone.
The performance comes in the midst of changing dynamics in the Memecoin sector. While Bonk and Dogecoin Stay strongly traded, newer projects such as Layerbrett and Little Pepe capture the market share by offering stack mechanisms and LAG-2 integrations. Social commitment to Legacy Meme tokens has cooled while dealers rotate into tokens with tool -driven models.
Technical analysis
- Bonk convened 9% from $ 0.000022 to $ 0.000024 in 24 hours.
- Support consolidated to $ 0.000023 with purchase pressure during repeated testing.
- Resistance hardened to $ 0.000024 with consistent rejection of high volume.
- Trade volume topped with 1.2 trillion tokens during morning breakout trials.
- A decrease deleted 1.14% from intraday heights.
- A sale between 12: 30-12: 45 UTC bar volume tips over 35 billion tokens.
- Intraday Lows for $ 0.000023180 Tips for possible trend Reversing signals.
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