$BONK – REJECTION AT RESISTANCE, WEAKNESS AHEAD?
FAILED TO HOLD ABOVE 0.00002680
INCREASING SELL PRESSURE ON RETEST
$BONK /USDT faced sharp rejection at the 0.00002683 resistance zone, followed by back-to-back red candles and declining momentum. Despite multiple attempts, bulls failed to maintain control above 0.00002650. The latest wick indicates aggressive selling, and the breakdown below the midpoint of the range signals growing bearish pressure. A drop below 0.00002550 could accelerate downside toward 0.00002470 and beyond.
SHORT ENTRY: 0.00002590
TP1: 0.00002500
TP2: 0.00002450
SL: 0.00002640
Momentum fading as bears regain control. Stay cautious on long positions.
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