BONK Finds Buyers Near Support as Trading Volume Jumps 122%
October 29, 2025
BONK (BONK-USD) extended its decline on Tuesday, slipping 3.4% to $0.0000143 amid renewed selling across the Solana ecosystem, but late-session buying helped the token stabilize near key support.
The move marked a decisive break below $0.0000146, a level that had acted as strong support for much of the past week, confirming a short-term bearish pattern, according to CoinDesk Research’s technical data model.
Trading activity surged as prices fell, with volume reaching 1.26 trillion tokens, up 122% from the 24-hour average, indicating heightened participation from institutional and algorithmic traders.
After touching intraday highs near $0.0000152, BONK lost upward momentum and printed lower highs through the evening before sliding toward the $0.0000143 zone. However, buying pressure emerged between 01:32 and 01:50 GMT, helping the token rebound modestly to $0.00001433 and form a higher low at $0.00001429, suggesting early signs of base formation.
BONK is now consolidating between $0.0000143 and $0.0000144, with resistance seen at $0.0000144–$0.0000146. Analysts expect the token to remain range-bound in the near term, with potential for accumulation near support if trading activity remains strong.
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