BONK posted one of its most significant intraday rallies in recent weeks, climbing 10% from $0.000025 to $0.000027 during the 24-hour period from Aug. 12 at 13:00 UTC to Aug. 13 at 12:00 UTC.. The Solana-based meme token traded in a $0.000031 range, representing 13% volatility, as traders capitalized on short-term momentum, according to CoinDesk Research's technical analysis data model. The rally began after BONK established solid support at $0.000024, with buying interest intensifying. Momentum carried through to the early hours of Aug. 13, where the token reached its daily high of $0.000027 between 03:00 and 04:00 UTC. Trading volumes consistently outpaced the 24-hour average of 956.8 billion tokens, signaling strong participation from both retail traders and larger market players. However, the gains proved difficult to sustain. BONK reversed by 1% during the U.S. morning, slipping from $0.000027 to $0.00002646. The heaviest selling pressure came at 12:52 UTC, when a sharp decline accompanied a 38-billion-token volume spike, suggesting profit-taking by larger holders. As background, BONK’s trading activity comes days after Nasdaq-listed Safety Shot disclosed a $25 million allocation to the token’s ecosystem via Bonk.fun’s launchpad platform. While that announcement preceded this rally, it underscores institutional interest in the project. With support still intact at $0.000024 and resistance firmly established at $0.000027, traders will be watching closely to see if BONK can break higher in the coming sessions or consolidate before its next major move. Technical Analysis Support zone: $0.000024 held throughout early trading. Resistance peak: $0.000027 tested between 03:00-04:00 UTC on August 13. Total range: $0.000031, representing 13% volatility. Average daily volume: 956.8B tokens; exceeded during most of the rally. Largest selling spike: 38B tokens at 12:52 UTC during 1% pullback. Late-session decline: $0.000027 to $0.00002646 in the final hour. 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 .
