Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
BONK Edges Higher as Narrow-Range
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
BONK Edges Higher as Narrow-Range
BONK Edges Higher as Narrow-Range Trading Holds Above Key Support
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
BONK Edges Higher as Narrow-Range Trading Holds Above Key Support
The Solana meme token posted a modest gain while repeated resistance tests and shifting volume patterns kept price action confined to a tight band.
By Jamie Crawley, CD Analytics|Edited by Stephen Alpher
Dec 4, 2025, 4:21 p.m.
What to know:
- BONK held the $0.00000980 support level through multiple retests, forming a late-session V-shaped recovery.
- Volume spiked 46% above average during resistance challenges near $0.00001020 but faded sharply into the close.
- The token remains locked in a 2–3% intraday range, with breakout signals dependent on renewed volume expansion.
BONK advanced 1.1% over the past 24 hours to $0.00000988, trading within a narrow band as the Solana-based meme token continued its consolidation phase.
Price action respected well-defined technical boundaries, with the session fluctuating between firm support near $0.00000980 and repeated resistance tests around $0.00001020, according to CoinDesk Research's technical analysis data model.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
Activity briefly accelerated, with volume reaching 754 billion tokens — about 46% above its hourly moving average — as BONK challenged the upper end of the range. Despite the increased participation, the token failed to sustain momentum above resistance, reverting to sideways movement as volume tapered into the close. Later trading saw a brief dip toward $0.00000982 before a quick V-shaped recovery lifted BONK back toward its session midpoint.
The consolidation dynamic has characterized BONK’s market structure in recent days, with traders largely positioning around well-established intraday levels in the absence of major catalysts. Repeated support holds at $0.00000980 and consistent absorption during pullbacks suggest buyers remain active within the range, though a clear breakout signal has yet to emerge.
Unless volume returns meaningfully on a push above $0.00001020, BONK’s technical profile points to continued range-bound trading. A breakdown below support, meanwhile, would expose the token to deeper retracement toward $0.00000950.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
AI Market InsightsTechnical Analysis
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
Meta Plans 30% Cut to Metaverse Budget as Reality Becomes Less Virtual: Bloomberg
Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people familiar with the matter told Bloomberg.
What to know:
- Meta is considering cutting up to 30% of its metaverse division’s budget in 2026, with layoffs expected to follow, Bloomberg reported.
- The company’s virtual reality unit, including Quest headsets and Horizon Worlds, is likely to face the steepest reductions.
- Slower-than-expected industry adoption and shifting tech priorities have pushed Meta to scale back its once-flagship investment in the metaverse.
Read full story
Latest Crypto News
Meta Plans 30% Cut to Metaverse Budget as Reality Becomes Less Virtual: Bloomberg
$4B Bitcoin ETF Outflows in Oct-Nov Reflect Basis Trade Unwind, Not Capitulation: Research Analyst
ICP Rises as Cross-Chain Narratives Gain Attention
Blockdaemon, VerifiedX Join Forces to Deliver Mass-Market, Self-Custodial DeFi
Crypto for Advisors: Crypto Yield Products
U.S. CFTC-Driven Spot Crypto Trading Going Live With Bitnomial, Opening Up New Arena
Top Stories
Crypto Markets Today: Bitcoin Holds Near Weekly High, Altcoins Remain Subdued
U.S. CFTC-Driven Spot Crypto Trading Going Live With Bitnomial, Opening Up New Arena
Citadel Challenges DeFi Framework in Letter to SEC, Sparking Industry Outrage
XRP ETFs Extend Record Inflow Streak to 13 Days, Closing in on $1B Milestone
BTC at $100K Back on Table as Volatility Shatters Uptrend, Ether Bulls Grow Bolder
CZ Teases New BNB Chain Native Prediction Market Predict.Fun
Market Opportunity
Bonk Price(BONK)
$0,000005952
$0,000005952$0,000005952
USD
Bonk (BONK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
CEO Sandeep Nailwal Shared Highlights About RWA on Polygon
The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Share
BitcoinEthereumNews2025/09/18 01:10
Velo protocol Integrates SumPlus to Power AI-Driven Finance
Velo Protocol and SumPlus working together to enable AI-driven finance and allow autonomous agents to execute secure on-chain transactions across DeFi space.
Share
Blockchainreporter2026/03/20 05:00
Seething House Republicans turn knives on John Thune with crude message
House conservatives are training their fire on a new target: their own Senate majority leader.Fed up with John Thune's (R-SD) refusal to nuke the filibuster and
Share
Rawstory2026/03/20 05:42
