My dear readers, prepare your teacups for a tale of chaos involving a certain memecoin named BONK. This poor creature has plummeted 3.9% to $0.00001223, sliding beneath its support like a greased spoon. What a delightful way to spend a Wednesday!
- BONK’s price drop was so dramatic, it could’ve been mistaken for a slapstick comedy. It now rests at $0.00001223, where it will likely sulk until next Tuesday.
- Trading volume? Oh, it surged 96% above average-because nothing says “fun” like watching numbers spike like a startled kangaroo.
- Support at $0.00001211? Gone. Poof! Now $0.00001226 is the new resistance, which is just a fancy way of saying “good luck, you’ll need it.”
BONK’s journey on Wednesday was nothing short of a rollercoaster ride through the looking glass. It wobbled between $0.00001279 and $0.00001198, a 42% range that made even the most seasoned traders clutch their pearls. According to CoinDesk’s very serious technical analysis, this chaos was purely due to… well, chaos. No fundamentals involved-how thrilling.
Trading volumes hit a peak of 1.07 trillion tokens, which is enough to make a mathematician faint. This happened just as BONK broke through $0.00001211, a support level that had bravely held for a week. Now, $0.00001200 is the new “safe zone,” while $0.00001226-$0.00001257 is the villainous resistance zone. Cue the dramatic music 🎶.
Intraday data reveals BONK’s descent from $0.00001237 to $0.00001220, with volume bursts at 13:42 (55.1B) and 14:00 (76.8B). These spikes were like exclamation marks in the coin’s diary of despair. Attempts to recover? Ha! They fizzled out faster than a dud firework. And in the final hour, trade sizes shrank like a boiled sweet left in the sun-no one wanted to save this little rascal.
So, what’s next for BONK? If it can reclaim the $0.00001226-$0.00001230 band with “decisive volume,” it might just pull off a Houdini act. But if not? Prepare for a visit to $0.00001200, where BONK will probably write a sad poem about its misfortunes. The end… or is it? 🤔
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2025-11-13 19:20