$BONK – BEARISH RETEST IN PROGRESS, SHORT TRADE SETUP
WEAK BOUNCE. TREND REMAINS BEARISH.
$BONK continues to bleed after a steady decline from the $0.00002597 zone. The recent bounce from $0.00002411 is minor and showing signs of exhaustion already. Price is now hovering below key resistance at $0.00002480, suggesting a bearish retest scenario with sellers still in control.
SHORT ENTRY: 0.00002457
TARGETS: 0.00002410 / 0.00002365
STOP LOSS: 0.00002490
As long as $BONK stays below $0.00002480, lower lows remain on the table.
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