BONK broke the $0.000012 support, dropping 4%.

Technical Weakness Increasing in BONK

BONK broke through its critical support level at $0.00001200, losing 4.06% in value and declining to $0.00001174. During the fluctuations experienced in the morning hours, the trading volume exceeded the average by 47%, with 779.9 billion tokens traded.

The price stabilized after dropping to $0.00001197. Investors are concerned due to the weakness in the technical indicators. This situation raises questions about how market dynamics will shape up.