$BONK /USDT – Bearish Pressure with Minor Relief Bounce 📉

$BONK has been under consistent selling pressure, dropping -12.04% in the last 24H from a high of 0.00002825 to a low of 0.00002461. On the 15m chart, price is currently trading at 0.00002483, slightly above its recent low, signaling a minor relief bounce after a strong downtrend.

The short-term EMA(7) 0.00002483 and EMA(25) 0.00002502 remain below EMA(99) 0.00002591, showing that overall momentum is still bearish. For buyers to regain control, price needs to break and hold above the EMA(25) zone to target EMA(99) resistance.

📍 Trade Setup (Aggressive Short-Term Play):

Entry Zone: 0.00002470 – 0.00002490

🎯 TP1: 0.00002502

🎯 TP2: 0.00002530

🎯 TP3: 0.00002590

🛡️ SL: 0.00002455

💡 Pro Tip: Until $BONK breaks above 0.00002590 with strong volume, any bounce should be treated cautiously as a short-covering rally rather than a confirmed bullish reversal.

If you want, I can also prepare a bearish continuation plan in case BONK loses its 0.00002460 support. That would give you both upside and downside readiness.

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