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

BONK fell 3.9% to $0.00001223 amidst a surge in trading activity, nearly doubling the 24-hour average volume to 1.07 trillion tokens. This significant drop reflects a breach of key support levels, with previous support at $0.00001211 failing and turning into new resistance around $0.00001226. The token traded within a broad intraday range of $0.00001279 to $0.00001198, indicating ongoing technical weakness without a clear fundamental reason. The latest trading data shows a continued decline from $0.00001237 to $0.00001220 with bursts of volume at strategic times confirming this downward pressure. Without a rally to reclaim the $0.00001226–$0.00001230 band, the likelihood of retesting the psychological level of $0.00001200 increases, suggesting a challenging short-term outlook for BONK.

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