BONK Climbs 12% on Grayscale Watchlist Inclusion and Volume Spike

Trading momentum intensified beginning around 15:00 UTC on July 13, culminating in a high-volume breakout by 05:00 UTC on July 14. BONK recorded 2.6 trillion tokens in trading volume at its peak, more than double typical daily activity.

Technical levels confirmed resistance at $0.0000281, where price action encountered sell-side pressure. However, support was established at $0.0000264, with institutional traders seen re-entering positions during pullbacks, potentially setting up for a future breakout, particularly if BONK can maintain momentum above $0.0000260.

BONK also experienced a 3% swing during the final 60-minute session between 09:37 and 10:36 UTC, ranging from $0.0000260 to $0.0000268. While brief profit-taking drove prices to session lows around $0.0000260, renewed buying interest quickly stabilized the market.

Technical Analysis Highlights

• Trading range: $0.0000247–$0.0000281, representing 14% volatility during the institutional breakout window.
• Peak volume: 2.6T tokens traded at 05:00 UTC, reflecting high conviction interest from large buyers.
• Resistance zone: $0.0000281 confirmed by rejection pattern; next test could signal breakout continuation.
• Support zone: $0.0000264 identified as institutional accumulation band; firmed by multiple bounces.
• Intraday dip: Brief move to $0.0000260 met with heavy buying; volume exceeded 75B tokens in late-session activity.
• Recovery zone: Market stabilized around $0.0000266 as selling pressure eased, forming bullish continuation structure.