Bonk (BONK) is currently priced at 9.49E-6 USD, reflecting a 24-hour change of -2.86%. The daily trading range shows a high of 9.84E-6 and a low of 9.44E-6, indicating a relatively tight volatility range of 4.0E-7%.

Trading volume stands at approximately 104.97 million, with a volume-to-market cap ratio of 13.41%, suggesting moderate liquidity but potential selling pressure. The moving averages show a bearish trend across the short-term, with the 8 SMA at 0.00000969 and the 13 SMA at 0.00000970 both down by around 2.1% to 2.2%, while the 144 SMA shows a slight recovery at +2.45% but remains significantly lower than current prices.

The Relative Strength Index (RSI) metrics reveal that the 1-hour RSI is at 32, indicating the asset is nearing oversold conditions in the short term. In contrast, the 7-day RSI is at 49, suggesting a neutral position, while the 14-day and 30-day price changes of -26.43% and -37.00% respectively indicate a pronounced downward trend over both periods.

BONK's all-time high of 5.825E-5, achieved on November 20, 2024, contrasts sharply with its current price, highlighting significant depreciation and potential market sentiment challenges. The overall trend, coupled with the recent price performance and technical indicators, suggests continued downward pressure.

Given the current bearish indicators, including negative price momentum and weak RSI readings, a cautious approach is recommended. The data supports a Sell rating, as the asset has not shown sufficient recovery signals and may continue to decline in the near term.