BONK Declines 5% to $0.00001223 as Resistance Holds and Volume Surges 48%
BONK fell 5% to $0.00001223 after failing to break through resistance at $0.0000130, with trading volume increasing by almost 50% during the pullback. This decrease followed a brief rally which was quickly reversed by a surge in trading activity. The volume peaked at 813.46 billion tokens, confirming resistance at the $0.0000130 level and leading to a drop towards the support at $0.00001223 to prevent further decline. The price exhibited high volatility, oscillating within a range of $0.0000086. As broader market sentiment stabilizes, BONK's price performance continues to reflect uncertainty typical of meme tokens, reinforcing a potential consolidation between $0.00001223 and $0.00001295 unless there is sufficient volume to support a breakout.
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