$BONK /USDT — Short Trade Signal Triggered! 🛑📉
$BONK surged to $0.00001749 but faced strong rejection at the top, leading to a sharp 4H pullback. Fading momentum and a clear wick rejection suggest a deeper correction may be unfolding.
🔹 Short Setup (4H):
• Entry: 0.00001620
• TP1: 0.00001576
• TP2: 0.00001478
• TP3: 0.00001380
• Stop Loss: 0.00001755
📊 Market Insight:
The rejection wick signals a shift in control as buyers lose steam and volume fades. If BONK fails to hold above the 0.00001640 level, expect increased selling pressure and a move toward key lower support zones. Stay disciplined and manage your risk accordingly.