BONK Holds Range as Heavy Volume Marks Key Support Retest

BONK traded steadily within its established range after a surge in trading volume pushed the token back toward a major support zone. The retest drew strong interest from traders who view the level as a critical line for short term momentum.

Market watchers noted that the spike in volume came during a period of increased volatility across meme driven tokens. Despite the pressure, BONK managed to stabilise near its support area, suggesting that buyers remain active even as broader sentiment in the sector softens.

Analysts say the latest move indicates that market participants are closely monitoring liquidity clusters and order flow around this level. A hold above support is seen as a constructive sign for bulls, although many caution that a sustained recovery will depend on stronger market conditions.

The heavy volume also signals renewed engagement from both retail traders and short term speculators. BONK has built a reputation for fast price swings, and its ability to attract consistent liquidity continues to set it apart from smaller memecoins. This latest retest highlights how quickly participation increases when the token approaches key technical zones.

If BONK maintains stability around its current range, some traders believe a breakout attempt could form later in the week. Others warn that repeated tests of the same support may weaken the level over time, increasing the risk of a downside break if market sentiment deteriorates.

For now, BONK’s resilience is drawing attention from analysts tracking momentum in the memecoin market. The token’s performance at this support zone will be a key indicator of whether traders are prepared to defend the range or prepare for further volatility.

As trading continues to pick up, BONK remains one of the more closely watched assets in the current memecoin cycle. Market participants will be looking for signs of strengthening bids or a shift in trend as the next sessions unfold.