BONK memecoin hit fresh all-time lows on Binance and OKX, falling roughly 10% in 24 hours. The token is down 66% year-to-date and has lost 39% over the past 30 days. The negative funding rate of -0.0169% confirms short control, while trading volume surged over 200% to $69.07 million. Several technical indicators, including Bollinger Bands and Aroon, suggest potential weakness among sellers, but the Accumulation/Distribution indicator points to persistent selling pressure with distribution at -11 trillion tokens.
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