• BONK sinks to new lows despite its first ETP debut.
• Trading volume jumps 144% during the breakdown.
• Technical indicators continue to favor lower support zones.

BONK extended its decline with the token trading at $0.000008620 after a sharp 24-hour drop of 10%. The move dragged the Solana-based memecoin to fresh cycle lows, adding pressure to a market already struggling for direction.

Changelly’s outlook for December 2025 places BONK’s maximum, minimum, and average value at $0.000009193, signaling a narrow range and a modest expected return of nearly 4%.

BONK’s long-term projection remains steady but lacks strong upward drivers heading into next year. The recent market action shows a clear gap between structural progress and immediate price behavior.

Late last week, Bitcoin Capital AG launched the first BONK exchange-traded product on Switzerland’s SIX exchange on November 27. While the ETP marked a milestone for institutional accessibility, it did not translate into near-term buying support.

Also Read: BONK Bulls Charge Ahead: Can Price Smash $0.00003850 Resistance?

Market Breakdown Intensifies as Volume Hits 1.79TTokens

The decline gained pace below the $0.00000936 support after BONK broke through at $0.00000966. Data model indicated a spike in assets changing hands, with volume reaching around 1.79 trillion tokens, more than 144% higher than the recent average.

The token briefly tagged a flash-crash low of notional record at $0.00000876 with a set of breaking lower lows over the 24-hour chart. After the heavy selling, price action was driven into a tight range of $0.00000878 to $0.00000885.

A moderate rebound effort emerged around 14:00 UTC as BONK momentarily hit $0.00000881. The former support at $0.00000936 now acts as a difficult resistance with minor resistance lurking around $0.00000890.

BONK Extends Decline Near Key Fibonacci Support

On the weekly BONK/USDT chart (TradingView), momentum appears to be further waning. BONK BONK has dropped past a few Fibonacci retracement levels and is currently trading just above the bottom extension at $0.0000010.

Every bounce in the past few months has been looking weaker with long upper wicks in every one’s candle, indicating rejection in about the mid $0.0000020 area each time.

RSI is contained near the 34 level, showing that the market is in an oversold region where reversal can be reasonably anticipated. The MACD is below zero and indicates loss of downside momentum, but the indicators still do not indicate any reversal.

The Volume Surprise information would show repeated negative spikes during recent weeks, but didn’t show strong buyer activity.

Also Read: BONK Price Surge Ahead? Powerful Rally Targets $0.000039