BONK Regains Some Ground With 4.6% Gain

BONK has seen a 4.6% rise to $0.00001394 after breaking through the critical resistance level of $0.00001380. This increase follows a notable 67% surge in trading volume, indicating robust market participation. The meme token, which operates on the Solana blockchain, has been experiencing a recovery trend, showing higher lows and confirming a breakout that suggests further momentum. The trading range over the last 24 hours narrowed between $0.00001281 and $0.00001410, which indicates controlled volatility as prices gradually increased. The volume increase to 1.15 trillion tokens illustrates strong interest in BONK. Market sentiment appears to be shifting towards cautious optimism, with traders targeting the next resistance levels at $0.00001400 and $0.00001410. A consistent performance above the breakout zone is essential for maintaining upward momentum, while a drop below $0.00001380 could reintroduce range-bound trading. Overall, with increasing volatility and volume, BONK is positioned for potential continued upside as speculative interest in meme coins grows into November.

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