BONK Extends Slide as Resistance Rejection Pushes Token Back Toward Support

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email BONK Extends Slide as Resistance Rejection Pushes Token Back Toward Support BONK fell 4.5% as resistance near $0.00001010 capped early strength, sending the token into a tight consolidation band around $0.00000910. By Jamie Crawley , CD Analytics Dec 11, 2025, 3:33 p.m. What to know : BONK fell 4.5% after price was rejected near $0.00001010, reversing a brief early advance A 2.03T-token volume surge marked the session’s turning point and defined the resistance ceiling Price stabilized near $0.00000910 with repeated tests of nearby resistance, forming a developing consolidation base BONK declined 4.5% over the past 24 hours, sliding from $0.000009524 to $0.000009097 after prior strength reversed sharply at a key resistance zone. The token’s intraday range reached 11.8%, with price action topping out at $0.000010183 before turning lower and settling into a narrow consolidation band, 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 . A substantial increase in trading activity marked the reversal point, with volume rising to 2.03 trillion tokens during the move into the $0.00001010 area. The scale of activity at that level reinforced its significance as a ceiling that capped upside attempts. Once the rejection took hold, BONK trended steadily lower before stabilizing above $0.00000910, where volatility contracted during the latter portion of the session. BONK attempting to steady near support, with hourly data capturing several brief upward tests toward $0.000009147, accompanied by intermittent volume spikes of roughly 27.6 billion tokens. These movements indicate market participants were active around the lower bound of the range, with price behavior forming the early structure of a potential consolidation base heading into the next session. Short-term positioning now hinges on whether BONK can sustain stability above the $0.00000910 zone. A move through nearby resistance around $0.00000915–$0.00000920 would signal meaningful progress toward unwinding Tuesday’s decline, while failure to maintain support increases the risk of a retest toward the $0.00000890 region. 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. 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