BONK Continues to Fall After Rejection at Key Resistance

BONK Slides After Failing to Break Key Resistance

BONK fell 4.5% over the past 24 hours after an early rally stalled near the $0.00001010 resistance zone, sending the token back into consolidation around $0.00000910.

The meme coin dropped from $0.000009524 to $0.000009097, with intraday volatility reaching 11.8%. Prices peaked at $0.000010183 before reversing lower and compressing into a narrow range, according to CoinDesk Research.

The pullback was accompanied by a sharp increase in activity. Trading volume climbed to 2.03 trillion tokens as BONK tested the $0.00001010 level, underscoring its role as a firm ceiling. Once selling pressure emerged, the token trended steadily lower before finding temporary stability just above $0.00000910, where volatility faded into the session close.

Hourly data shows BONK attempting to stabilize near support, with several brief rebounds toward $0.000009147 and intermittent volume spikes of roughly 27.6 billion tokens. The price action suggests active participation at the lower end of the range and the early formation of a consolidation base.

Near-term direction now depends on whether BONK can hold above $0.00000910. A push through $0.00000915–$0.00000920 would mark initial progress toward reversing the recent decline, while a breakdown could open the door to a retest of the $0.00000890 area.