BONK Breaks Out: Meme Coin Charges Toward $0.0000264 Resistance in Defiant Rally
Dog-themed crypto BONK isn't just barking—it's biting chunks out of the charts as bulls push prices toward a critical resistance level.
Meme momentum builds
The Solana-based token gained 18% overnight, testing the $0.0000264 ceiling that's kept rallies in check since June. Trading volume spiked 240% as degens FOMO'd into what's either the next SHIB or another classic crypto pump-and-dump.
Make-or-break moment
Technical analysts watch the $0.0000264 line like hawk—a clean break could signal 50% upside, while rejection here would confirm the 'memecoin curse' that's vaporized more retail money than a Wall Street bonus season.
Technical Analysis
- Trading range of 4% spanned $0.00002485 to $0.00002645.
- Resistance confirmed multiple times at $0.00002640.
- Support zone established at $0.00002550–$0.00002600.
- Volume spike of 1.09 trillion tokens during rally phase.
- Failed breakout at $0.00002615 led to pullback.
- Elevated liquidity observed in the $0.00002580–$0.00002610 band.
- Intraday volatility produced several lower highs after peak.
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