Bonk (BONK) is currently trading at $0.00000842, reflecting a 4.98% decline over the past 24 hours. The price has fluctuated between a high of $0.00000887 and a low of $0.00000826, indicating a daily range of approximately 6.1E-7 USD, which suggests limited volatility.

The trading volume stands at approximately 73,589,022 BONK, contributing to a market cap volume ratio of 9.93%. The short-term moving averages indicate bearish momentum, with the 8 SMA at $0.00000844 showing a decline of 0.22%, while the longer 144 SMA at $0.00000900 reflects a more significant drop of 6.45%.

The 1-hour RSI of 31 indicates that the asset is nearing oversold conditions, which may suggest a potential for a short-term rebound. In contrast, the 7-day RSI at 45 shows that BONK is still within a neutral range, providing no immediate bullish signals.

From a longer-term perspective, BONK has experienced a 17.91% decline over the past week and a 19.15% drop over the past 14 days, indicating a negative trend. However, the 30-day change of approximately 7.04% reflects some recent positive momentum that could signal a potential reversal if supported by increased buying interest.

The all-time high for BONK stands at $0.00005825, achieved on November 20, 2024. This level remains significantly above the current price, suggesting that the asset has substantial upside potential if bullish sentiment returns.

Given the current technical indicators and fundamental data, a cautious approach is warranted. While the asset shows signs of oversold conditions, the prevailing downtrend and lack of bullish momentum suggest that now may not be the optimal time to buy. Therefore, the recommendation is to Hold BONK, observing for signs of stabilization and recovery before making any new investment decisions.