BONK Defies Market Pressure: Solana Meme Coin Holds Strong at Critical Support Level
Solana's favorite meme token refuses to buckle under selling pressure—here's why traders are still betting on the dog.
The Dog That Didn't Bark: While other altcoins flinch, BONK claws back from the brink, proving meme coins aren't just for degenerate gamblers (well, mostly).
Liquidity Tug-of-War: Whale dumps meet diamond hands as the Solana-based token finds buyers exactly where it counts—because nothing says 'sound investment' like a canine-themed crypto bouncing off its floor.
Market Irony Alert: In a week where traditional finance bros lost millions on 'stable' assets, a joke currency with actual utility (okay, maybe just memes) outpaces half the NASDAQ. Woof.
Technical Analysis
- Trading range: $0.000023–$0.000026 over the 23-hour period.
- Resistance locked at $0.000026 after 4.02T token sell wall.
- Support confirmed at $0.000023 with 1.07T tokens traded.
- Price closed at $0.00002448, down 0.92% over the period.
- Late-session bounce from $0.000024 to $0.00002425 (+1%).
- Volume spikes at 10:48 UTC (21.99B) and 10:49 UTC (31.43B) suggest accumulation.
- Consolidation zone emerging between $0.000024 and $0.000025.
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