Bonk Price found support at $ 0.000018 on Wednesday, as the encryption market continued to fight repercussions from escalating tensions between the United States and China on commercial tariffs. With the Solana Memecoin markets by another 11.4 %, the broader trend appears to be a decrease, which poses a danger to the large negative side of the universe. It may provide the most recent stage of unifying temporary relief, but the sustainability of this support is still unconfirmed.
The Bonk price finds support at 0.000018 dollars after 45 % losses
The Bonk price has stabilized about $ 0.000018, after a 45 % aggressive decrease in the past two weeks, reflecting a temporary stop in the sale. The sharp decline, as shown in the last trading scheme, sheds light on a broader feeling of the risks that attracted the MIMON sector, especially on Solana Blockchain.
The exacerbation of acute shrinkage due to poor market confidence, as investors retracted speculative assets amid the growing macroeconomic fears. The Bonk price scheme shows a large domination of late January, when it was trading over $ 0.000032. The price procedure indicates that every recovery attempt has been met with aggressive sales, which enhances the prevailing landmark.
Despite the current support level at $ 0.000018, the lack of a strong purchase pressure raises questions about the sustainability of this unification. Trading volumes remained high, indicating the continuous frequency in the market. If Bonk fails to get a new climb momentum, the probability of continuing the declining direction is still high. The sharp drop in memecoin reflects a wider weakness in this sector, as investors showed hesitation in re -communication amid the constant market disorder.
More on the negative side
The Solana Mimikoin market achieved a great success on Monday, as it decreased by 11.4 %, which depths of its landfill for a month. This stagnation at the sector level confirms the fragile state of the feelings surrounding the high -risk digital origins. The sales process was not limited to Bonk alone, as the broader Memecoins continues to spread losses from two numbers, driven by the risks and speculative benefit.
Although Bonk has managed to have a slight integration, as it has spread a marginal increase of 0.1 % in the past 24 hours, it is still vulnerable to the pressure of the negative aspects. As the Solana Memecoin’s ecosystem continues to decrease, the probability of renewal of the sale is still high. This brief suspension in Bonk’s landfill momentum does not necessarily indicate the reflection of the direction, especially with no feeling in the market.
The recent decline in the Solana Memecoin market indicates that investors are out of the heavy assets of risks, a feeling that is unlikely to be reflected until a wider recovery appears. The total weakness in the Bonk price track indicates that there are other declines that can be on the horizon, especially if the pressure continues in the broader Memecoin market. If the emotional feelings continue, Bonk’s last support may not be for a long time, which paves the way for more losses in the short term.
Bonk Price Expectations: Bulls risks are the largest decrease if it is 0.000017 dollars in support caves
