BONK's price has been under pressure in recent hours, falling 2.64% to around $0.00000315 over a 24-hour period.
The token's intraday range has been between $0.00000309 and $0.00000341, with the price breaking down and oscillating around the $0.00000320 area.
According to data from Crypto Ryan via X, BONK is trading near the bottom of its daily chart setup, which suggests that it may be at risk of further decline.
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