{"id":14824,"date":"2025-08-18T10:48:14","date_gmt":"2025-08-18T09:48:14","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=14824"},"modified":"2025-08-18T10:48:16","modified_gmt":"2025-08-18T09:48:16","slug":"bonk-holds-strong-against-selling-pressure-is-an-explosion-imminent","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/bonk-holds-strong-against-selling-pressure-is-an-explosion-imminent\/","title":{"rendered":"BONK Holds Strong Against Selling Pressure : Is an Explosion Imminent ?"},"content":{"rendered":"\n

BONK Holds Strong Despite Selling Storm<\/h2>\n\n\n\n

The memecoin BONK<\/a>, based on the Solana network<\/a>, has weathered a volatile period<\/strong> over the past 24 hours. Despite intense institutional activity<\/strong>, BONK has managed to maintain a crucial support level, paving the way for a potential rebound<\/strong>.<\/p>\n\n\n\n

\"bonk<\/figure>\n\n\n\n

At its peak during the day, BONK reached $0.000026<\/strong> before hitting significant resistance. Institutional volumes then exploded, reaching 4.02 trillion tokens traded<\/strong> at this price, demonstrating the marked interest from major market players.<\/p>\n\n\n\n

However, this wave of selling wasn’t enough to break the support at $0.000023<\/strong>, which firmly held prices. Indeed, 1.07 trillion tokens were exchanged at this level, absorbing the selling pressure<\/strong> and allowing BONK to recover afterward.<\/p>\n\n\n\n

A Key Phase Attracting Large Wallets<\/h2>\n\n\n\n

After this successful test of support, BONK began a modest recovery<\/strong>, gaining about 1% to reach $0.00002425<\/strong>. This rebound was fueled by significant volume spikes at 10:48 UTC (21.99 billion tokens) and 10:49 UTC (31.43 billion). This suggests accumulation by institutional players.<\/p>\n\n\n\n

Traders now face a clearly defined battle line : resistance remains anchored at $0.000026, while support sits at $0.000023<\/strong>. A sustained breakthrough above $0.000025 could signal the beginning of a more pronounced bullish movement<\/strong>. Conversely, a break below the lower support could risk pushing prices back toward the lows seen at the beginning of the month.<\/p>\n\n\n\n

BONK’s continued liquidity, even in the face of recent volatility, underscores its position among the most active memecoins in the market<\/strong>. Institutional participation has kept price action within a tight range but has also increased the potential for sudden breakouts if order books thin at key levels.<\/p>\n\n\n\n

How to Buy BONK on Bitget ?<\/h2>\n\n\n\n

BONK is well-positioned to be one of the memecoins that could potentially outperform<\/strong> the market in 2025. With solid support despite selling pressure, the token offers excellent return prospects.<\/p>\n\n\n\n

Here’s how to take advantage by buying before its major explosion in the coming months :<\/p>\n\n\n\n