BONK Falls 5% to $0.00001223 After Rejection at Key Resistance

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email BONK Falls 5% to $0.00001223 After Rejection at Key Resistance BONK slipped 5% to $0.00001223 after failing to break resistance near $0.0000130, with trading volume spiking nearly 50% above average during the pullback. By Jamie Crawley , CD Analytics | Edited by Nikhilesh De Nov 12, 2025, 5:08 p.m. BONK-USD, Nov. 12 (CoinDesk) What to know : BONK fell 5% to $0.00001223 after rejection near $0.0000130 resistance. Trading volume jumped 48% above its daily average during the failed breakout attempt. Price tested $0.00001223 support as volatility remained elevated across the Solana ecosystem. In this article BTC BTC $ 103,360.58 ◢ 1.37 % BONK dropped more than 5% to $0.00001213 over the past 24 hours as the Solana-based meme token failed to sustain momentum above key resistance levels. The decline came after a brief attempt to rally past $0.0000130, which was quickly reversed amid heavy trading activity, according to CoinDesk Research's technical analysis data model. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . Volume peaked at 813.46 billion tokens, nearly 50% above the 24-hour average. The move coincided with BONK’s sharp rejection at the $0.0000130 level, confirming short-term resistance. Following the reversal, the token slid toward $0.00001223, where short-term support formed to prevent a deeper decline. Intraday volatility reached 6.6%, with price oscillations confined within a $0.0000086 range. Hourly data shows a brief rebound from $0.00001280 to $0.00001301, followed by a swift retracement that erased most gains as momentum weakened. While broader market sentiment stabilized, BONK’s price action reflected continued uncertainty typical of meme tokens. The rejection pattern reinforced the prevailing downtrend, suggesting consolidation may persist between $0.00001223 and $0.00001295 unless volume expansion supports a breakout attempt. 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 . AI Market Insights Technical Analysis More For You OwlTing: Stablecoin Infrastructure for the Future By CoinDesk Research Oct 16, 2025 Commissioned by OwlTing Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent. View Full Report More For You Toncoin Drops 2.4% as Post-Rally Selling Pressure Caps Gains By CD Analytics , Francisco Rodrigues | Edited by Nikhilesh De 10 minutes ago The token briefly rallied to $2.1165 on increased volume before heavy selling erased gains, pulling TON back to key support levels around $2.02. What to know : Toncoin (TON) fell 2.37% to $2.0219 over the last 24 hours, reversing earlier gains despite fresh signs of growing interest. The token briefly rallied to $2.1165 on increased volume before heavy selling erased gains, pulling TON back to key support levels around $2.02. The $2.02 level is now a key line of defense, with bulls potentially regrouping around $2.12 if support holds, or a broader pullback occurring if it breaks. Read full story Latest Crypto News Sui Launches Native Stablecoin USDsui Using Bridge’s Open Issuance Platform 3 minutes ago Toncoin Drops 2.4% as Post-Rally Selling Pressure Caps Gains 10 minutes ago Brazil Proposes Selling Seized Bitcoin to Undercut Organized Crime Networks 19 minutes ago New Strike Force Set to Target Overseas 'Pig Butchering' as U.S. Hits Burma Operation 24 minutes ago The Protocol: Sweeping Uniswap Proposal ‘UNIfication’ 29 minutes ago Pantera-Backed Solana Company to Tokenize Its Shares With Superstate's Opening Bell 50 minutes ago Top Stories Key Bitcoin Capitulation Metric Points to Bottoming in Price 4 hours ago U.S. SEC Chief Atkins Says Clarity Coming on Crypto Tied to Investment Contracts 1 hour ago New Strike Force Set to Target Overseas 'Pig Butchering' as U.S. Hits Burma Operation 24 minutes ago Crypto Markets Today: Privacy Tokens Shine, Majors Stall as Market Consolidates 5 hours ago Is Bitcoin Volatility Vacation Over? Chart Suggests So, Analysts Cite 3 Catalysts 8 hours ago Pooled Order Books in the Crosshairs as EU Regulators Look to Tighten MiCA Oversight 4 hours ago In this article BTC BTC $ 103,360.58 ◢ 1.37 %