Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    X (Twitter)
    Blockchain Journal
    Home » BONK holds range as heavy volume marks key support retest

    BONK holds range as heavy volume marks key support retest

    0
    By chloe on November 20, 2025 Market
    Header with Solana graph and BONK logo, high volume, support 0.0000095 and resistance 0.0000109, informative tone.
    Share
    Facebook Twitter LinkedIn Pinterest Email

    BONK maintains a trading range while a volume rebound confirms a key support retest, according to recent technical data. The movement, recorded between November 13 and 20, 2025, places the Solana network token at a decisive point whose direction will depend on volume behavior at range boundaries.

    On November 20, the price approached $0.000009922, a 0.7% drop within a 14.7% consolidation band; a volume peak of 1.68 trillion tokens — 91% above its average — confirmed a breakout from $0.0000102 and established support near $0.0000095, with a punctual burst of 129 billion during the reversal.

    On November 17, BONK yielded to $0.00001073 (-2.1%), with a volume of 557.6 billion — 11.46% above the weekly average — and a peak of 879.0 billion at 16:00 UTC; in that session, the token could not overcome resistance at $0.00001090 while holding support between $0.00001050 and $0.00001040.

    On November 13, the drop was more pronounced: -3.9% to $0.00001223, intraday range $0.00001279–$0.00001198 and volume of 1.07 trillion (96% above 24h average); losing support at $0.00001211 led to a new technical ceiling between $0.00001226 and $0.00001257.

    Technical Context for BONK and Considerations

    The data shows intense market participation at specific levels: atypical volumes accompanying breakouts and rejections confirm both distribution and level defense. Distribution — massive selling preceding a sustained descent — was observed during volume peaks that validated drops below previous supports.

    Simultaneously, the formation of higher lows after the November 20 reversal points to cautious accumulation; however, lower-highs detected on the 17th signal a loss of bullish momentum. The asset is described as a memetic token linked to Solana, self-dubbed “dog coin for the people”, whose value largely depends on collective psychology and technical activity in high-frequency markets, more than traditional fundamental metrics.

    BONK remains in a tense technical equilibrium whose direction will depend on the relationship between support at $0.0000095 and resistance around $0.0000104–$0.00001090; confirmation will come with a sustained volume increase in either direction.

    BONK bonkcoin Featured Network
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    chloe

    Related Posts

    ICP breaks key support as volume spikes in resistance tests

    November 20, 20253 Mins Read

    HBAR faces new liquidity alarms after break to $0.1373

    November 20, 20252 Mins Read

    XRP and Dogecoin ETFs: Recent Listings, Upcoming Launches, and Market Reactions

    November 20, 20253 Mins Read

    ZCash targets 1,000 dollars driven by strategic accumulation and technical strength

    November 20, 20252 Mins Read

    Bitcoin ETFs recover 75 million after breaking five day negative streak today

    November 20, 20252 Mins Read

    HBAR risks dropping to 0.13 dollars as investors withdraw their capital massively

    November 20, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.