The BONK/USDT chart reflects a modest upward movement, with the price currently trading at 0.00005284, marking a 0.61% increase. Over the past 24 hours, the price fluctuated between a low of 0.00004925 and a high of 0.00005444. This activity highlights increased participation, with a 24-hour volume of 5.07 trillion BONK tokens and equivalent trading volume of 263.19M USDT.
The chart indicates potential recovery momentum after touching support near 0.00004925, with buyers driving the price upward. If BONK manages to break above its recent resistance of 0.00005444, further bullish action could be expected. However, if the price faces rejection, a retracement toward lower support zones remains possible. Traders should closely monitor these key levels to capitalize on short-term opportunities while managing risks effectively.
