Bonk is trading at a critical juncture near a key psychological resistance level ($0.00001000) with significantly increased volume. a decisive breakout above $0.00000962 or rejection could lead to a noticeable price movement.
The analysis is from coindesk, a reputable crypto news source, providing specific technical levels, volume data, and analytical insights from 'cd analytics' and 'coindesk research'.
While bonk has posted gains and confirmed support with increased volume, it remains capped below a major resistance zone and has underperformed the broader crypto market. the immediate outlook is hinged on whether it can decisively clear resistance at $0.00000962; failure risks a return to lower support levels, while success would target $0.00001000.
The analysis focuses on immediate price action, resistance levels, volume patterns, and short-term trading ranges, indicating a near-term outlook for a potential breakout or pullback.
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email BONK Climbs as Volume Expands Near Key Resistance Level The Solana memecoin posted steady gains but continued to lag broader crypto markets as trading clustered just below a major psychological barrier. By Jamie Crawley , CD Analytics Dec 8, 2025, 12:42 p.m. What to know : BONK rose 1.47% to $0.00000954 but remains capped below the key $0.00001000 resistance zone. Volume jumped to 1.06 trillion tokens — 78% above the 24-hour average — confirming support at $0.00000900. Resistance at $0.00000958–$0.00000962 remains the barrier to a breakout, while support near $0.00000951 guides downside risk. BONK added 1.47% over the past 24 hours to reach $0.00000954 , extending a 4.2% rise since Friday while trading just below the psychological $0.00001 level. The memecoin climbed from $0.00000940 but met consistent resistance near $0.00000958, underperforming the CD5 crypto index by roughly 2% as traders focused on tight-range positioning rather than broad momentum, 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 patterns shaped much of the session’s structure. Activity surged 78% above the 24-hour moving average late on December 7, reaching 1.06 trillion tokens as BONK confirmed support at $0.00000900. Trading then compressed into a narrow band, with multiple 60-minute intervals testing the $0.00000952–$0.00000956 zone. A short-term descending pattern formed after rejection from $0.00000962, while a sequence of higher lows preserved a mild upward bias. Absent major catalysts, BONK’s immediate outlook hinges on whether it can decisively clear resistance. A move above $0.00000962 would refocus attention on the $0.00001000 threshold, while a failure to hold support near $0.00000951 risks a return toward the reinforced $0.00000900 floor. 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 Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You APT Gains 1.8% to $1.76 Despite Token Unlock Overhang By CD Analytics , Will Canny | Edited by Jamie Crawley 2 minutes ago Trading volume spiked as institutional players position ahead of $19.8 million supply increase. What to know : APT climbed 1.8% to $1.76. Volume surged 46% above monthly averages as traders repositioned. Dec. 12 token unlock event creates $19.3 million supply overhang. Read full story Latest Crypto News APT Gains 1.8% to $1.76 Despite Token Unlock Overhang 2 minutes ago Polkadot's Gain Underperforms Wider Crypto Markets 24 minutes ago Perky, With Bearish Overtones: Crypto Daybook Americas 41 minutes ago Every Major Bitcoin Conference Has Seen Prices Fall in 2025, Will Abu Dhabi Be Different? 1 hour ago Crypto Markets Today: Bitcoin Reclaims $92K as Fed Rate-Cut Expectations Lift Sentiment 1 hour ago Bitcoin’s Long-Term Holders Hit Cyclical Low as Sell Pressure Finally Eases 2 hours ago Top Stories Perky, With Bearish Overtones: Crypto Daybook Americas 41 minutes ago Binance Wins Full ADGM Approval for Exchange, Clearing, and Brokerage Operations 7 hours ago Here's How Bitcoin, Ether, XRP and Solana May Trade Today 8 hours ago Every Major Bitcoin Conference Has Seen Prices Fall in 2025, Will Abu Dhabi Be Different? 1 hour ago Crypto Markets Today: Bitcoin Reclaims $92K as Fed Rate-Cut Expectations Lift Sentiment 1 hour ago BTC Holds Steady as Fed Rate Cut Looms, Rising Treasury Yields Suggest Caution: Analysts 2 hours ago