BONK/USDT Technical Analysis – High Volatility Zone

BONK is trading at $0.00002562, down 1.73% in the last 24 hours. The 24h high was $0.00002716 and the low was $0.00002464, with huge volume activity: 3.70T BONK and 96.38M USDT.

After reaching a high of $0.00003974, BONK entered a consolidation phase (highlighted in pink) and then broke down. It’s now hovering around a key support at $0.00002553. If this level fails to hold, the next support is at $0.00002080. To regain bullish momentum, the token must close above $0.00003000 again.

Performance-wise, BONK has surged +71.72% in 30 days, +50.18% in 90 days, and +36.49% over 1 year. However, it is down -23.36% in the past 7 days, indicating short-term correction.

This meme coin carries high volatility and risk, but also high reward potential for short-term traders. Always use stop-loss and manage position size wisely.