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    Home » BONK extends slide as resistance rejection pushes token back toward support

    BONK extends slide as resistance rejection pushes token back toward support

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    By olivia on December 11, 2025 Market
    Photorealistic BONK coin centered on a trading chart with a red resistance band and green support line.
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    BONK extended a multi-session slide after repeated rejections at a narrow resistance band between $0.00000997 and $0.00001010, accelerating downside momentum and pushing the token back toward intraday support.

    Daily momentum metrics point to sustained selling pressure, with the MACD and ADX signaling downside and the 50-day simple moving average tilting negative. The ADX reading is reported at 35,7 on the daily chart, indicating a strong trend, while the RSI (44,5) and CCI (37,3) sit near neutral but lean soft.

    The Stochastic RSI repeatedly flags overbought conditions that coincide with quick reversals at resistance. Volume spikes at resistance zones have accompanied those reversals, consistent with concentrated profit-taking. Technical summaries show “Strong Sell” on daily and weekly timeframes, “Sell” monthly, and an overall “Neutral” rating composed largely of negative sub-indicators.

    Traders Union analysts Viktoras Karapetjanc and Anton Kharitonov project a high probability—often exceeding 80%—of continued downside in the short term, identifying a near-term trading range of $0.0000086 to $0.0000094 unless price decisively closes above $0.00000997.

    BONK Ecosystem links

    BONK’s price action is tethered to three behavioral and structural forces. First, meme-coin dynamics—rapid pumps and swift profit-taking—turn resistance into psychological ceilings that are hard to breach. Second, ecosystem developments tied to Solana and a planned dYdX integration shape sentiment: the community’s reception of utility upgrades and tokenomics adjustments, including a proposed 1 trillion token burn, can magnify swings. A governance vote on dYdX integration scheduled for 11 de dic. de 2025 is a near-term catalyst that market participants view as a volatility flashpoint.

    Macro crypto flows matter: in risk-off episodes major assets’ corrections typically force de-risking, and meme tokens are among the first to be sold. Regulatory scrutiny and broader market defensiveness reduce bid-side resilience, creating an environment where technical resistance tests tend to fail.

    Price structure notes from technical overlays point to the Ichimoku Kijun near $0.00000997 as the immediate dynamic resistance, with no significant higher support above current levels; the next meaningful support is at today’s intraday low.

    BONK’s slide reflects a convergence of bearish technicals, meme-coin behavioral dynamics and ecosystem-related event risk, rather than a single isolated cause.

    BONK bonkcoin dydx Featured
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    olivia

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