$BONK Price Drops 5% as Institutional Selling Mounts – $0.000025 in Sight?
$BONK declined from $0.000028 to $0.0000266, testing key support at $0.000026.
Mid-day bounce to $0.0000275 failed to overcome firm resistance at $0.000029.
Over 1.17T tokens traded near support, but volume couldn’t reverse trend.
Final-hour drop to $0.0000254, triggered by 59.77B token dump at 13:54 UTC.
Technicals show a bearish channel: lower highs + $0.000026 breakdown in play.