Bonk (BONK) is currently trading at $0.00000627, reflecting a 24-hour decline of 4.32%. The price has fluctuated between a 24-hour high of $0.00000658 and a low of $0.00000629, indicating a tight daily range of $0.00000029.

The trading volume stands at approximately 36.2 million, contributing to a volume-to-market cap ratio of 6.56%. The hourly moving averages show a consistent downtrend, with the 8 SMA at $0.00000642 and the 144 SMA at $0.00000650, all reflecting losses ranging from 2.33% to 3.71% over their respective periods.

The 1-hour RSI is currently at 26, suggesting that BONK is in an oversold condition, while the 7-day RSI at 52 indicates a neutral stance over the past week. However, the 30-day price change of -32.40% reveals significant bearish momentum, overshadowing the 7-day gain of 7.30%.

Historically, the all-time high of $0.00005825 reached in November 2024 seems far off, highlighting the current struggle for upward momentum. Given the bearish moving averages and the oversold RSI, the immediate outlook appears weak despite the recent short-term recovery.

Considering the technical indicators and the significant downward pressure on price, the recommendation is to Hold BONK at this time. While there may be potential for a rebound, the persistent negative trends and volatility warrant caution before committing additional capital.