🔻 $BONK /USDT – Bearish Trend Resumes 🔻
The meme token rally may be cooling off...
📉 REJECTION ZONE: $0.00002650
$BONK has been sharply rejected at this resistance level, marking the return of bearish pressure. Price action has now broken below short-term support, forming lower highs and confirming a bearish market structure. Weak buyer volume adds to the downside bias.
🔽 SHORT TRADE SETUP
Entry Zone: 0.00002480 – 0.00002520
Take Profit Targets:
• TP1: 0.00002400
• TP2: 0.00002320
• TP3: 0.00002200
Stop Loss: 0.00002660
⚠️ Risk Management Tips
Risk only 1–2% of your capital per trade.
Use a hard stop loss — no exceptions.
Avoid overleveraging, especially in high-volatility meme coins like BONK.
💬 Is BONK heading back to the floor? Or is this just a shakeout before the next hype cycle?
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