
STONK falls 16% after $0.35 peak, weekly gain shrinks to 12%
- —STONK trades 32% below the $0.25 support, with the key level at the 100 EMA of $0.15
- —DEX volume fell 44% over four days — from $38.56 million to $21.62 million
- —Protocol fees dropped more than 3x — from $1.85 million to $588,000
- —Sellers dominate in futures (50.79%) and spot (74.18%)
Why it matters: The decline in launchpad activity and volumes points to weakening demand; a loss of $0.15 would open the path to $0.10.
Source: AMBCrypto