Bonk has rallied more than 9% in the last 24 hours, Advance from $ 0.000022 to a peak of $ 0.000024.
Trade ranges cut $ 0.000002, which represents significant volatility, with momentum that is heavy concentrated during the early morning hours, according to the technical examination model of technical research of Coindesk Research.
Trade volume exceeds 1.2 trillion tokens during the rebound’s major attempts at 6:00 am and 07:00 am UTC, emphasizing strong short -term demand.
The rally encountered a tough resistance to $ 0.000024, where advances were rejected, confirming this level as a nearby ceiling. The support was built around $ 0.000023, as the bulls were pressed higher in the early morning brushing, late-session trade showed signs of fatigue.
Between 11:53 and 12:52, Bonk rejected 1.14% from $ 0.000023459 to $ 0.000023190, while the volume sprouted above 35 billion tokens in a concentrated sale wave. This reversal removed the part of the previous rally and left the integration token -only above the established zone support.
The performance comes in the middle of the dynamics transfer within the Memecoin sector. While Bonk and Dogecoin Remain heavily exchanged, newer projects As Layerbrett and Little Pepe get market sharing by offering staking and layer-2 staking mechanisms and integration. Social contact for legacy meme tokens is cooled, while entrepreneurs rotate to tokens with Models driven by utility.
Technical analysis
- Bonk 9% rally from $ 0.000022 to $ 0.000024 to 24 hours.
- Support combined with $ 0.000023 with the purchase of pressure on repeated tests.
- The resistance was hardened to $ 0.000024 with a very similar decline in high volume.
- The trading volume sank to 1.2 trillion tokens during the morning breakout attempts.
- A refusal removed 1.14% from the intraday highs.
- A seller between 12: 30–12: 45 UTC brought a volume of spikes above 35 billion tokens.
- Intraday lows to $ 0.000023180 hints on possible recurrence signals.
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