Price Position and Structural State
Bonk (1000BONK) closed at 0.005445 USDT on May 29, 2026, down 0.24%. The asset now sits in a sideways structure near the bottom of its 55-day range. Current 55-day support is near 0.005285 USDT, with resistance near 0.008324 USDT. A daily close below 0.005285 USDT would confirm a downside regime shift. A hold near support would keep price inside the range.
Moving Averages and Trend Context
1000BONK is trading below all key moving averages. MA9 at 0.0058851 USDT stands as the first moving-average resistance area to watch. Price sits 13.37% below MA50, within its historical distance range of -47.48% to 176.64%. The moving-average structure is bearish without showing extreme downside extension.
Trading Friction and Price Efficiency
1000BONK shows moderate trading friction, with a 3-day friction score of 36.7. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest fell -12.27% in one day and remains near the lower side of its 30-day range. This shows participation is weak and exposure is still being reduced.
Funding is negative on the 24-hour average at -0.008597%, with the 7-day average also negative at -0.001782%. This shows sustained short-side cost pressure across both short and medium windows.
The long/short ratio is 0.67, sitting near the lower side of its 180-day range at 8.11%. This means short accounts dominate, with the long/short reading near the low side of recent history.
Correlation, Beta, and Index Relationship
1000BONK remains strongly linked to the broader crypto market (Sigloid Index), with beta indicating higher sensitivity to index movements. Correlation confirms that 1000BONK moves in line with the index, while R² shows that index behavior explains a significant share of its movement. Elevated beta means price tends to amplify broader market moves rather than simply track them. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.933 | 1.888 | 0.871 | Strong, high beta |
| 60D | 0.918 | 1.563 | 0.843 | Strong, high beta |
| 180D | 0.793 | 1.226 | 0.629 | Strong, high beta |
Momentum, Volatility, and Indicator Pressure
1000BONK is showing wider movement, but participation is not fully backing it. ATR% reads 6.98, close to the bottom of its full historical range, while Bollinger Band width% reads 38.55, near the lower side of its full historical range. 20-day Volume Z-score is -0.26, showing near-normal participation.
Momentum is weaker. RSI is 33.73, ROC14 is -16.59%, and MACD histogram is negative. These readings point in the same direction: downside pressure is active, while recovery pressure remains limited.
The read is cautious: downside momentum is active, but volatility and participation do not confirm a strong break yet.
Broader Market Regime
The Sigloid Index remains in a sideways regime, showing no clear broad market direction. 1000BONK stays closely linked to that market condition, so changes in market sentiment can still influence price behavior even when the broader trend is unclear.
Key Levels for the Next State Change
For 1000BONK, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.008324 USDT establishes a bullish regime, while a daily close below 55-day support at 0.005285 USDT confirms a bearish regime.