BONK Advances to $0.00001215 With Elevated Volume Amid Narrow Trading Range

BONK has increased in the last 24 hours, up 2.84% to $0.00001215which establishes a well-defined consolidation range as price stabilizes above key support levels, according to CoinDesk Research’s technical analysis data model.

Volume surged to 2 trillion tokens around 20:00 UTC Tuesday – about 134% above the daily average – as BONK rebounded from $0.00001099.

After this increase in activity, the token held in the area of ​​$0.00001170 – $0.00001210 for most of the day before testing fresh intraday highs near $0.00001217.

The price movement may reflect an orderly consolidation phase after the recent volatility in the meme token segment. Despite intermittent pullbacks, BONK has maintained structure above its short-term support base, suggesting continued stabilization rather than renewed downside momentum. With volume levels remaining robust, the token continues to attract attention from traders who are monitoring for a potential breakout beyond its current range.

In the short term, BONK faces resistance between $0.00001217 and $0.00001225, an area that has capped earlier advances. A clean move above this band could validate a continuation pattern aimed at higher levels. On the upside, $0.00001099 remains the critical support level to watch, with a break below potentially signaling a return to lower consolidation zones.

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