BONK Drops 3.9% to $0.00001223 on Heavy Volume as Technical Weakness Persists

BONK dropped 3.9% to $0.00001223 amid a significant increase in trading volume, which surged 96% above the 24-hour average. This decline followed a breakdown through key support levels, with previous support at $0.00001211 failing to hold. The token experienced a wide intraday trading range, illustrating ongoing technical weakness without clear fundamental drivers. Trading volumes peaked at 1.07 trillion tokens, nearly double the average, as BONK moved between $0.00001279 and $0.00001198. Attempts to recover were swiftly halted, with the new resistance forming between $0.00001226 and $0.00001257. The future price direction now depends on whether BONK can reclaim the $0.00001226–$0.00001230 band with strong volume; a failure here may lead to a retest of $0.00001200, setting the tone for the short-term outlook.

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