BONK token experienced a 5% decline, settling at $0.00001223 after failing to surpass key resistance levels. The token briefly hit $0.0000130 but reversed amid a 48% surge in trading volume, reaching 813.46 billion tokens. Despite the increased activity, BONK's price remained within a $0.0000086 range, with intraday volatility peaking at 6.6%. The token has now established short-term support at $0.00001223.