BONK Falls 5% to $0.00001223 After Rejection at Key Resistance

BONK declined 5% to $0.00001223 after facing resistance near the $0.0000130 level. The token's trading volume surged nearly 48% above its daily average during this pullback. Initially attempting to break through the resistance, BONK was quickly rejected, leading to a drop in price as it tested $0.00001223 support. The volatility in the Solana ecosystem remained high, and trading volume peaked at 813.46 billion tokens during the failed breakout attempt. The price fluctuation remained confined within a $0.0000086 range, reflecting typical uncertainty for meme tokens in the market. This rejection pattern reinforced a downtrend, suggesting price consolidation may continue between $0.00001223 and $0.00001295 unless a significant volume breakout occurs.

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