BONK Edges Higher as Narrow-Range Trading Holds Above Key Support

2025-12-04 20:05:58

Source: CryptoNewsNet Original Title: BONK Edges Higher as Narrow-Range Trading Holds Above Key Support Original Link: BONK advanced 1.1% over the past 24 hours to $0.00000988, trading within a narrow band as the Solana-based meme token continued its consolidation phase.

Price action respected well-defined technical boundaries, with the session fluctuating between firm support near $0.00000980 and repeated resistance tests around $0.00001020. The token’s movement showed clear technical structure during this trading period.

Activity briefly accelerated, with volume reaching 754 billion tokens — about 46% above its hourly moving average — as BONK challenged the upper end of the range. Despite the increased participation, the token failed to sustain momentum above resistance, reverting to sideways movement as volume tapered into the close. Later trading saw a brief dip toward $0.00000982 before a quick V-shaped recovery lifted BONK back toward its session midpoint.

BONK6.08%

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LiquidityHunter

· 5h ago

Checking the market at 2 a.m., how is the liquidity depth for BONK at this price level? If the 0.00000988 support is broken, will the slippage exceed 3%?

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GreenCandleCollector