BONK news live: Bonk faces resistance at Kijun line despite recent surge in platform revenues
Bonk (BONK) is trading at $0.0000086, which is below the MA-20 ($0.00000947), MA-50 ($0.00001089), and MA-200 ($0.00001855) levels. This signals persistent pressure from sellers across all timeframes, with resistance now seen at the Ichimoku Kijun line near $0.00000949 and no immediate dynamic support visible.
Highlights
- Bonk, Inc. reported BONK.fun platform revenue exceeding $1.36 million over 14 days in early December 2025, more than doubling month-over-month.
- Revenue growth is primarily high-margin and fueled by ecosystem activity such as token burns that reduce BONK token supply.
- Despite strong fee generation, the BONK token faces short-term bearish pressure due to weak momentum and persistent selling.
Platform revenue surges as bearish sentiment weighs on token
Bonk, Inc., which holds a 51% majority revenue interest in the BONK.fun platform, reported a surge in platform revenue, exceeding $1.36 million over 14 days in early December 2025 and more than doubling month-over-month. This growth is largely high-margin and tied to ecosystem activity, including token burns that reduce supply. Despite robust fee generation, the token faces short-term bearish pressure driven by weak momentum and sustained selling.
Directional selling prevails as oversold readings persist
Momentum indicators on the D1 chart are strongly bearish, with a negative MACD and an ADX above 30 suggesting sellers are in control. Oscillator readings confirm an oversold state as RSI, Stoch RSI, and CCI all indicate the asset is stretched to the downside, while BBP currently points to residual buyer attempts despite overall dominance by sellers. The Awesome Oscillator aligns with the downward trend. Today, the price opened with a slight gap down and has continued to slip 7.14%, closing near the session’s low of $0.0000085 in a narrow range, reflecting low intraday volatility and continued pressure after the open. This directional and momentum consistency supports the view that selling pressure is active, with little sign yet of reversal.
Downside bias prevails amid narrow expected trading range
For the next five trading days, the expected range is $0.0000078 to $0.0000092, adjusted for a typical volatility band relative to current levels. The probability of a price increase is very low (less than 20%), while a decline remains much more likely due to unanimously bearish signals across all major weekly and daily indicators. The baseline view is for continued sideways movement within this tight corridor. A bullish reversal would require BONK to reclaim the Kijun and MA-20 levels to aim for $0.0000095 or above, while a drop below $0.0000080 could lead to further weakness toward $0.0000078 or lower.
- Forex
- Crypto