BONK climbs more than 10% in a day, extending its upward momentum

The Solana-based token pushed through a key resistance level before settling into a period of consolidation.

BONK rallied over the past 24 hours, climbing roughly 10.6% to around $0.00000833 after clearing an important technical barrier. The advance developed steadily, with price action trending higher throughout the session and printing a sequence of higher intraday lows before peaking near $0.00000844, according to CoinDesk Research’s technical analysis data.

The strongest momentum emerged as trading volume expanded during the move above $0.00000820, a level that had previously stalled upside progress. That breakout propelled BONK toward the top of its recent trading range, marking one of its most notable daily gains in recent weeks. Elevated volume persisted through the rally, signaling increased market participation as the token tested higher levels.

Following the surge, BONK retraced modestly into the $0.00000830–$0.00000835 area, where trading activity compressed into a narrower band. The pullback has remained orderly, with price holding above the former resistance around $0.00000820, now a key support zone.

As BONK consolidates, attention remains on whether it can sustain levels above $0.00000820 and form a base for another attempt toward the $0.00000840–$0.00000845 range. A decisive move below that level would shift focus back toward the lower end of the recent range, while holding above it would keep the near-term bullish structure intact.