CoinQuest
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🔻 $BONK /USDT Short Trade Signal Activated! 🛑📉
$BONK rallied to $0.00001749 but hit hard rejection at the highs, with a sharp pullback forming on the 4H chart. Early momentum loss and a wick rejection signal a potential deeper retracement brewing.
🔹 Short Trade Setup (4H):
• Entry: 0.00001620
• Take Profit 1: 0.00001576
• Take Profit 2: 0.00001478
• Take Profit 3: 0.00001380
• Stop Loss: 0.00001755
📊 Market Outlook:
Momentum has clearly shifted after the aggressive rejection wick, with sellers stepping in as volume begins to fade. If price fails to hold above the 0.00001640 area, expect downside to accelerate toward lower demand zones. Stay sharp and manage risk tightly.
$BONK rallied to $0.00001749 but hit hard rejection at the highs, with a sharp pullback forming on the 4H chart. Early momentum loss and a wick rejection signal a potential deeper retracement brewing.
🔹 Short Trade Setup (4H):
• Entry: 0.00001620
• Take Profit 1: 0.00001576
• Take Profit 2: 0.00001478
• Take Profit 3: 0.00001380
• Stop Loss: 0.00001755
📊 Market Outlook:
Momentum has clearly shifted after the aggressive rejection wick, with sellers stepping in as volume begins to fade. If price fails to hold above the 0.00001640 area, expect downside to accelerate toward lower demand zones. Stay sharp and manage risk tightly.
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