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    Home » BONK drops 6.2% as elevated volume marks shift at key technical levels

    BONK drops 6.2% as elevated volume marks shift at key technical levels

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    By liam on December 18, 2025 Market
    Photorealistic BONK logo atop a crypto trading dashboard with a red downward price line and rising volume bars.
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    BONK fell 6.2%, pressured by a surge in trading volume that flagged aggressive repositioning around recent lows, CoinDesk reported. The memecoin now trades near $0.000008331 and sits below its short- and long-term moving averages, a configuration that underscores persistent selling pressure.

    CoinDesk reported the 6.2% decline and placed BONK at about $0.000008331 on December 18, 2025; Traders Union recorded a comparable 7,02% slide and a quote-price of $0.0000080. Trading volume expanded sharply to 1,79 trillion tokens, a 144% daily increase from the prior session, which market participants interpreted as speculative unwinding and active repositioning. CoinMarketCap dated a related intraday low at $0.0000087 on December 16, 2025, and linked the volatility to a broader 8% drop in the memecoin sector’s market capitalization. Operational takeaway: elevated volume amid price decline increases the probability of follow-through selling unless absorbed by fresh demand.

    Technical indicators and key levels

    Traders Union noted BONK trading below its 20-, 50- and 200-day moving averages, a bearish alignment that signals trend control by sellers. Anton Kharitonov of Traders Union said momentum and oscillators—MACD, ADX, RSI (34), Stochastic RSI, CCI and the Awesome Oscillator—register predominantly negative readings consistent with oversold conditions.

    CoinDesk identified immediate resistance in the $0.0000084–$0.0000085 band, while Traders Union cited a higher hurdle near $0.00000925; analysts in the coverage set a threshold of $0.0000091 as the level whose sustained reclaim would be necessary to argue for a trend reversal. Operational takeaway: price remaining below these MAs and resistance bands suggests traders should treat rallies as potential sell opportunities until $0.0000091 is convincingly retaken.

    The move in BONK occurred as U.S. Bitcoin ETFs recorded their strongest inflows in over a month, lifting BTC dominance to 60% and indicating a capital rotation toward perceived quality assets. Coverage noted that ecosystem developments — for example, a dYdX integration or token burn mechanics — could become future catalysts, but immediate price action reflects consolidation rather than a definitive recovery. Analysts also flagged that broader macro shifts, including central bank monetary policy adjustments, will affect liquidity and risk appetite for speculative tokens. Operational takeaway: managers should weigh BTC-directed flows and macro liquidity signals when sizing exposure to memecoins.

    BONK Featured memecoin Traders Union
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    liam

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