BONK Weakens as Repeated Resistance Tests Cap Meme-Token Momentum

BONK eased to $0.00001073, down 2.1% over the latest 24-hour window, as another attempt to reclaim higher ground faltered beneath the familiar $0.00001090 resistance band.

The token lagged broader crypto benchmarks by roughly 3.5 percentage points, extending a multi-session trend of relative underperformance even as major assets posted modest gains, according to CoinDesk Research’s technical analysis data model.

Volume picked up sharply, rising 11.46% above BONK’s weekly average to 557.6 billion tokens. A major spike at 16:00 UTC pushed turnover to 879.0 billion — around 58% above typical session levels — coinciding with yet another rejection at the upper end of the range. Trading then shifted decisively lower, with BONK slipping through $0.00001080 after several failed rebounds.

A brief move from $0.00001085 to $0.00001072 marked the session’s sharpest decline, supported by 63.3 billion in volume and reinforcing the lower-high pattern that has shaped BONK’s chart throughout November. Support remains concentrated around $0.00001050–$0.00001040, while a sustained recovery would require a break back above $0.00001090 on strengthening volume.

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