BONK Sees 4% Spike Post-Binance Action, Retraces as Investors Book Profits -

Daily High: $0.000037
Closing Price: $0.00003492 (+1.3%)
Volume Peak: 3.19T tokens
Intraday Range: $0.000034 – $0.000037 (14% volatility)
Heaviest Selling: 73B tokens at 15:32 UTC
Support: $0.0000345–$0.000035
Resistance: $0.000037

BONK Rallies on Binance Upgrade Before Retreating on Profit-Taking

BONK posted a sharp intraday rally on July 21 after Binance removed its “Seed Tag” designation, briefly rising 4% to hit $0.000037 before ending the day with a modest 1.3% gain at $0.00003492.

The removal of the risk label boosted investor confidence, positioning BONK alongside more established assets and paving the way for potential institutional inflows. The announcement triggered a flurry of activity, with BONK surging between 06:00 and 13:00 UTC and trading volume spiking to 3.19 trillion tokens, according to CoinDesk technical data.

The token moved within a wide $0.000045 range during the session, displaying 14% volatility. Strong accumulation around $0.000034 supported the initial move higher, but BONK met resistance near $0.000037, where selling pressure intensified.

A late-session pullback saw the token drop from $0.000036 to $0.000035, with 73 billion tokens traded in a single 15:32 UTC candle—marking the day’s heaviest profit-taking event.

Despite the retracement, BONK’s bullish structure remains intact. The $0.0000345–$0.000035 range now serves as key support, and traders will be watching for renewed buying momentum to challenge overhead resistance.

Technical Recap: