Bonk (BONK) is currently priced at $0.00000961, reflecting a slight decline of 1.65% over the past 24 hours. The trading volume stands at approximately 49.44 million BONK, which corresponds to a volume-to-market cap ratio of 6.24%, indicating moderate trading activity relative to its market capitalization.

The daily price range shows a high of $0.00000982 and a low of $0.00000953, demonstrating a relatively narrow trading band of $0.00000029. Short-term moving averages are also trending downward, with the 8 SMA at $0.00000964, indicating a loss of 0.31%, and the 144 SMA at $0.00000977, down 1.66%, suggesting bearish momentum.

The 1-hour RSI is at 42, indicating that the asset is nearing oversold conditions, while the 7-day RSI at 53 suggests it is currently in a neutral position. The price has increased by 8.29% over the past week, but this contrasts sharply with a significant decline of over 30% in the last 30 days, suggesting a longer-term bearish trend.

The all-time high for BONK was $0.00005825, achieved on November 20, 2024, which signifies considerable potential for recovery. However, the current price remains substantially lower, reflecting ongoing selling pressure and market volatility.

Given the recent price action, declining moving averages, and bearish momentum indicators, the recommendation for Bonk (BONK) is to Hold. This rating is based on the potential for a short-term rebound due to oversold conditions indicated by the RSI, while also being cautious of the long-term bearish trend evident in the 30-day price change.