BONK Bounces Back From Breakdown; Market Eyes $0.000015 Resistance Zone

Technical Focus

BONK extended its retracement Monday, dropping 2.4% to $0.00001488 after losing support at the $0.000015 level.

The selloff coincided with a 38% jump in trading volume to 749.86 billion tokens, according to CoinDesk Research data, suggesting heightened activity rather than panic selling.

Technically, the token remains confined to a 5.2% intraday range, with a near-term inflection point at $0.00001475. A sustained close above that level may pave the way for a rebound toward resistance near $0.00001520.

While lower highs continue to define the short-term trend, growing accumulation near the day’s lows signals potential buyer re-engagement if market sentiment steadies.