BONK Tests Support Levels After High-Volume Drop

BONK Tests Support Levels After High-Volume Drop

BONK has endured heavy selling pressure during the last 24 hours, with the Solana-based meme token falling 4% from $0.000035 to $0.000033. A volatile trading range of $0.000014 defined the session as investors digested elevated valuations and market-wide positioning shifts.
The asset reached an early peak of $0.0000377 at 02:00 UTC, but efforts to extend higher were met with pronounced resistance around the $0.000038 level. This price ceiling coincided with a significant surge in trading activity, with volume climbing above 2.66 trillion tokens, more than double the 24-hour average, according to CoinDesk’s technical analysis data model.
That inflection point catalyzed a swift directional shift, leading to persistent selling throughout the day.
By 13:00 UTC, BONK had slipped to $0.000033, marking the day’s low. During this decline, token turnover reached 2.82 trillion, confirming elevated participation and heightened volatility. The most notable activity emerged during the 13:41–13:

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We współpracy z: https://www.coindesk.com/markets/2025/07/23/bonk-tests-support-levels-after-high-volume-drop

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