Binance Reclassification Sends BONK Up 4% Before Pullback on Profit-Taking

24H Gain: +1.3%
Intraday High: $0.000037
Closing Price: $0.00003492
Volume Peak: 3.19T tokens
Volatility Range: 14%
Key Support: $0.0000345–$0.000035
Resistance Level: $0.000037

BONK Rallies on Binance Upgrade, Then Cools on Profit-Taking

BONK recorded a strong rally on July 21 after Binance removed its “Seed Tag” designation, which typically signals heightened risk. The upgrade drove a 4% surge to a high of $0.000037, before late-session profit-taking pared gains and pulled the price back to $0.00003492, ending the day up 1.3%.

The Solana-based meme token saw trading volume spike to 3.19 trillion tokens following the reclassification, which improved BONK’s standing among institutional investors and aligned it with more established digital assets.

The token surged during the morning session (06:00–13:00 UTC), breaking past $0.000034 and briefly testing the $0.000037 resistance. However, selling pressure mounted later in the day, with a notable 73 billion tokens exchanged in a single 15:32 UTC candle as traders locked in profits.

Despite the pullback, BONK maintained a bullish technical structure with higher lows and solid support forming in the $0.0000345–$0.000035 range. Market participants are now watching whether that support zone holds, which could set the stage for a renewed push higher if volume returns.

Key Technical Highlights: