BONK Extends Gains as Trading Volume Soars 134%, Consolidating Above Key Support
November 5, 2025
BONK advanced for a second straight session on Tuesday, rising 2.84% to $0.00001215 as trading volume surged well above average levels, signaling renewed interest and steady consolidation within a defined technical range.
According to CoinDesk Research’s technical analysis model, BONK maintained firm support above $0.00001170, rebounding from a low of $0.00001099. Trading activity spiked to 2 trillion tokens around 20:00 UTC, representing a 134% jump from its typical daily average. The token remained confined within the $0.00001170–$0.00001210 range through most of the session before briefly touching intraday highs near $0.00001217.
Analysts suggest the move reflects a healthy consolidation phase following recent volatility across the meme token segment. Despite minor retracements, BONK continues to hold structure above its short-term support base, indicating stabilization rather than renewed downside pressure.
With trading volumes remaining elevated, BONK continues to attract attention from momentum traders eyeing a potential breakout above resistance at $0.00001217–$0.00001225. A confirmed move beyond this zone could signal a continuation toward higher levels, while $0.00001099 remains a key support threshold — a breakdown below it could reopen the door to deeper consolidation.

More Stories
“Dogecoin steadies near $0.16 support amid profit‑taking that caps upside momentum.”
RLUSD Pilot Boosts XRP 5%, Technical Momentum Points to $2.50
How Aggressively Are BTC Traders Hedging After Recent Dip Under $100K?