Memecoin News Today: BONK Jumps More Than 10% in 24 Hours as Momentum Pushes Price Higher

BONK extended its short-term rebound over the past 24 hours, rising more than 10% as improving momentum and higher trading activity helped the token push through a closely watched technical level.BONK climbed roughly 10.6% to trade near $0.00000833, after reaching intraday highs around $0.00000844, according to CoinDesk Research technical analysis data.Break above resistance draws higher participationThe advance unfolded steadily, with BONK tracking higher throughout the session and forming a series of higher intraday lows before accelerating through resistance near $0.00000820 — a level that had capped prior upside attempts.The most decisive phase of the move coincided with a notable expansion in trading activity as price cleared that threshold. Elevated volume persisted through the rally, signaling heightened participation as BONK pushed into the upper end of its recent trading range and logged one of its strongest daily performances in weeks.Price consolidates after testing upper rangeFollowing the rally, BONK eased modestly, pulling back toward the $0.00000830–$0.00000835 area. Trading has since narrowed into a tighter consolidation range just below $0.00000840.So far, the pullback has remained orderly. Price continues to hold above the former breakout zone near $0.00000820, which has now become a key reference point for near-term structure.