November 21, 2025

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BONK Slips After Hitting Resistance, With Growing Volume Signaling a Pause in the Uptrend

BONK retreated into its lower trading band after another unsuccessful push toward the $0.00001090 resistance level, with rising volumes signaling continued consolidation rather than momentum.

The meme token slipped to $0.00001073, down 2.1% over the past 24 hours, after once again failing to hold bids near the upper boundary of its range. BONK underperformed broader crypto benchmarks by roughly 3.5 percentage points, extending its multi-session streak of lagging major assets, according to CoinDesk Research’s technical model.

Trading volume surged, climbing 11.46% above the weekly average to 557.6 billion tokens. A pronounced spike at 16:00 UTC lifted turnover to 879.0 billion — around 58% above typical activity — and coincided with yet another rejection at the top of the range. After the failed breakout attempt, BONK slid back through $0.00001080 following several weak bounces.

The session’s sharpest move — a drop from $0.00001085 to $0.00001072 — was backed by 63.3 billion in volume, reinforcing the pattern of lower highs that has defined BONK’s November structure. Support remains anchored in the $0.00001050–$0.00001040 zone, while a meaningful shift in momentum would require a decisive reclaim of $0.00001090 accompanied by stronger buying interest

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