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The Solana-based token passed through a key technical level before easing back into consolidation.
Jan 2, 2026, 9:02 a.m.
BONK climbed in the past 24 hours, rising roughly 10.6% to around $0.00000833 as the token advanced through a key technical threshold.
The move unfolded steadily, with price tracking higher across the session and setting a series of higher intraday lows before reaching peaks near $0.00000844, according to CoinDesk Research's technical analysis data model.
The most decisive acceleration occurred when trading activity expanded significantly during the move above $0.00000820, a level that had capped prior advances. That push carried BONK into the upper end of its recent range, marking one of its strongest daily performances in weeks. Volume remained elevated through the advance, underscoring heightened participation as price tested higher levels.
BONK subsequently eased back toward the $0.00000830–$0.00000835 zone, where trading narrowed into a tighter range. The pullback has so far been contained, with price holding above the earlier breakout area near $0.00000820, which now acts as an important reference point.
As BONK consolidates, the near-term focus is on whether the token can remain above $0.00000820 and build a base for another attempt toward the $0.00000840–$0.00000845 area. A sustained move below that level would shift attention back to the lower end of the recent range, while stability above it would keep the short-term upward bias intact.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
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