🧠 $BONK /USDT – Daily Chart Analysis
📉 Current Price: 0.00002555
📊 Trend: Bearish continuation below key moving averages
🔻 Recent Drop: ~-23.57% in 7 Days
🔑 Key Levels:
🟠 Resistance Zones:
0.00002992 – 0.00003016 → Previous support, now turned resistance
0.00003603 – 0.00004075 → Major supply zone
🟢 Support Zones:
0.00002382 → Short-term support (watch closely)
0.00001771 – 0.00002084 → Strong structural support
0.00001299 → Final macro support
🔍 Indicators:
MA(7) & MA(25): Price is trading below both → Bearish momentum
Volume: Declining but still significant, indicating reduced buyer interest
Structure: Descending channel forming, price nearing key support
⚔️ Strategy Suggestion:
Bounce Play: If 0.0000238 holds, short-term scalp toward 0.0000299
Breakdown Scenario: If breaks 0.0000238, next zone around 0.0000177
No confirmation of reversal yet, only scalping opportunities unless trend flips