BONK Price Holds Key Support Level With Heavy Trading Volume - Technical Analysis

BONK cryptocurrency is demonstrating significant resilience as it maintains its trading range despite substantial market activity. The digital asset has successfully retested crucial support levels, with heavy trading volume indicating strong investor interest at these price points. This technical pattern suggests potential stability in the BONK market as buyers continue to defend important support zones. The increased volume during the support retest typically signals market conviction, providing valuable insights for traders monitoring BONK's price action and potential future movements in the meme coin sector.