BONK Drops Sharply: Meme Token Breaks Through

BONK Drops Sharply: Meme Token Breaks Support, Reaches Critical Levels

4 November 2025 at 10: 54

Reading time: 2 minutes

BONK, the meme token running on the Solana Network, has started the week with a significant price drop of 11%, which token pushed the price to $0.00001232. This drop has broken through critical support levels and is a warning sign for investors who may be signaling short-term bearish sentiment, as evidenced by CoinDesk Research's technical analysis methods.

Looking at the intraday price movement, the token fluctuated within a range of $0.00001252 to $0.00001434, an unprecedented high volatility of 8,5%. This instability points to strong selling pressure that occurred around 03:00 GMT, when trading volume reached a remarkable 964,3 billion tokens, 46% above the daily average. The break below the support level of $0.0000137 further strengthened bearish sentiment. In the previous week, this zone had acted as crucial resistance, which has now been reconfirmed.

After a period of consolidation between $0.0000129 and $0.0000131, BONK saw a brief 5,3% rally to $0.00001309, as an attempted recovery. This accumulation around $0.0000131 suggests traders are looking for a foothold in this support zone. However, the lack of momentum following this positive move indicates continued caution among investors, especially as trading volumes fall from previous peaks.

Technically, BONK is in a vulnerable position, trapped below the resistance around $0.0000137. The formation of lower highs combined with the narrowing consolidation points to a distribution phase. It is crucial for traders to monitor whether the token can hold the $0.0000129 level, which currently serves as the support floor to prevent further price declines. A decisive move above $0.0000137 will be necessary to achieve a return to a bullish trend—an event that currently seems crucial for investors looking to protect their positions.

Frequently Asked Questions

What are the main factors behind BONK's recent decline?
BONK's recent decline can be attributed to a combination of poor price action, increased selling pressure, and the breaking of crucial support levels, leading to bearish sentiment among investors.

How does BONK's volatility affect the investment climate?
The recent high volatility of 8,5% can present both opportunities and risks for investors. While some traders are capitalizing on the ups and downs, these fluctuations are causing concern for others about stability and price retention.

What are the future prospects for BONK?
For BONK, the future price development depends on its ability to stay above the support level of $0.0000129 and resist regression. A recapture of $0.0000137 would be a clear indicator of a potential trend reversal, while the current price action requires investor vigilance.

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