BONK Rallies, Nears Technical Ceiling at $0.0000264 -

Daily Range: $0.00002485 – $0.00002645
Confirmed Resistance: $0.00002640
Support Base: $0.00002550 – $0.00002600
Peak Volume: 1.09T tokens
Failed Breakout: $0.00002615
Liquidity Cluster: $0.00002580 – $0.00002610
Bias: Consolidation with bullish undertone

BONK Hovers Near Resistance as Volume Spikes Fuel Intraday Recovery

Solana-based memecoin BONK rose 1.7% to $0.00002626 in the past 24 hours, pushing toward a major resistance zone following a strong rebound from recent lows.

The token traded within a 4% range between $0.00002485 and $0.00002645, with the recovery phase kicking off around 16:00 UTC on Aug. 7. During the rebound, trading volume surged beyond 1.09 trillion tokens, well above the daily average, signaling renewed speculative interest.

However, momentum stalled near $0.00002640, where sellers repeatedly blocked upward moves. A spike of 48.86 billion tokens at 12:07 UTC accompanied a failed attempt to break above $0.00002615, cementing the zone as a key short-term resistance.

Despite the pullback, BONK held support above $0.00002600, with steady liquidity between $0.00002580 and $0.00002610 suggesting buyer presence. The token now trades just below a critical level, with traders watching for a potential breakout or renewed selling pressure.

Memecoins continue to face mixed sentiment, but BONK’s price action shows underlying strength as it consolidates near the top of its recent range.

Technical Summary: