📊 $1000BONKUSDT Perp Market Update

Current Price: $0.020871 (-6.46%)

Mark Price: $0.020866

24h High / Low: $0.022559 / $0.020813

24h Volume: 21.81B BONK ($475.07M USDT)

Live Volume: 876.35M (below MA(5): 1.18B and MA(10): 967.68M)

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🔻 Technical Picture

Trend & Price Action:

• Price down sharply (-6.46%), hugging 24h low – clear selling pressure.

• Mark price ≈ Last price → No funding distortion; market price reflects fair value.

Volume Context:

• Live volume below short-term averages → market is cooling post-sell-off.

• Buyers have not stepped in with meaningful strength yet.

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🔍 Key Levels

Resistance Zones Support Zones

$0.02136 $0.02081 (24h low)

$0.02207 $0.02065

$0.02277

$0.02348

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🧠 Trading Strategy

You Are... Suggested Move

🔴 In a Long Caution. Consider exiting on bounce to $0.0214–$0.0220. SL below $0.02065.

✅ In a Short Hold. Trail SL above $0.0214. TP near $0.0205–$0.0202.

🟢 Looking to Long Only buy if $0.0208 holds + volume rises. SL below $0.0205.

🧠 Looking to Short Ideal re-entry: $0.0218–$0.0225. SL above $0.0235. Target: $0.0205.

⚡ Scalping Plan Sell rallies into $0.0213–$0.0220. Tight SL. TP near $0.0207.

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⚠️ Caution

• Momentum remains bearish.

• Oversold conditions could trigger a short-term relief bounce.

• If $0.02065 breaks, expect continuation lower to the psychological $0.0200 zone.

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✅ Summary

1000BONK is in a bearish fade, testing support without bullish volume confirmation.

🔻 Short-term Bias: Bearish

⚠️ Best Approach:

• Wait for bounce to short

• Scalping at support with caution

• Avoid fresh longs unless bounce shows confirmation with rising volume.

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$1000BONK