Tag Archives: billion-token

BONK Rises 1.7% as Breakout Momentum Holds

BONK gained 1.7% to $0.00001332 in the last 24 hours, extending its recent breakout move while testing higher resistance levels. The Solana-based meme token traded within a tight upward channel after decisively breaking through the $0.00001320 threshold, sustaining its bullish structure amid moderate volatility, according to CoinDesk Research’s technical analysis data model.

Volume provided strong technical confirmation of the move, with 850.8 billion tokens traded—an 82% increase above the daily average of 467 billion. Intraday data revealed a series of rapid surges, including a 14.2 billion-token spike during the late-session rally phase, followed by moderate pullback activity as short-term profit-taking emerged.

BONK remains positioned within an ascending channel structure, supported by higher lows forming around the $0.00001300 to $0.00001327 range. This suggests continued consolidation potential before the next directional move.

Technical indicators point to a stable mid-channel alignment near $0.00001332. For renewed upside momentum, sustained volume above 500 billion tokens and a confirmed break over the $0.00001350 resistance level will be required.
https://www.coindesk.com/markets/2025/11/10/bonk-rises-1-7-to-usd0-00001332-as-breakout-momentum-holds