BONK edged lower after repeated failures to break through the $0.00001090 ceiling, with rising trading activity signaling ongoing consolidation within its established range.
The memecoin slipped to $0.00001073, declining 2.1% over the past 24 hours, after another attempt to retake higher levels stalled just below its well-tested resistance zone near $0.00001090.
BONK continued to lag the broader market, underperforming major crypto assets by roughly 3.5 percentage points — a continuation of its multi-session relative weakness, according to CoinDesk Research’s technical analysis model.
Momentum on the day was marked by a noticeable jump in activity. Trading volume climbed 11.46% above the weekly average to 557.6 billion tokens, with a major surge around 16:00 UTC driving turnover to 879.0 billion tokens — roughly 58% above typical session levels. That spike coincided with yet another failed breakout attempt at the top of the range, followed by a decisive shift lower as BONK slipped beneath $0.00001080 despite several rebound efforts.
The sharpest intraday move saw BONK fall from $0.00001085 to $0.00001072, backed by 63.3 billion in volume, reinforcing the pattern of lower highs that has dominated the token’s price action throughout November.
Support remains anchored between $0.00001050–$0.00001040, while any meaningful recovery would likely require a firm close above $0.00001090 accompanied by strengthening participation
