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BONK Price Slips 3.4% With Support Under Pressure Amid Solana Market Weakness

BONK saw a price drop of 3.4%, settling at $0.0000143, marking a significant break below the critical support level of $0.0000146. The decline was coupled with a 122% surge in trading volume, indicating increased trading activity amid a broader selloff in the Solana ecosystem. Following its peak near $0.0000152, BONK faced downward pressure, creating a series of lower highs before briefly rebounding near $0.0000143. The token's latest movement suggests potential consolidation within a range of $0.0000143–$0.0000144. Traders expect tactical accumulation opportunities at current levels amidst expectations of continued range-bound trading. Despite the current bearish outlook, late-session buying interest hints at speculative support at these lows.

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