BONK drop 11% den 4% afta support break for volume surge

Solana-based meme token BONK price don continue to fall after e break plenty support levels with volume wey dey increase. For morning trading, BONK price fall 11.2% reach $0.00001232 after e break below the main support of $0.0000137 as volume jump 46% pass the daily average. E small comeback to $0.00001309, but selling pressure still increase make BONK price drop below $0.00001200 for the latest session. The token fall another 4.06% go $0.00001174 with 779.9 billion tokens trade—47% pass average—try low of $0.00001197 after e reject resistance near $0.00001248. Technical indicators dey show say e dey inside distribution phase with lower highs and shrinking ranges. Immediate resistance dey for $0.00001248–$0.0000137, while support dey for around $0.00001197–$0.00001200. Traders go dey watch whether volume go stable above average to fit trigger bullish reversal or if e fall below $0.00001197 go cause more losses.