“BONK is dead.”
That’s the dominant narrative right now. Price is down more than 90%, liquidity is thin, and every small bounce gets sold aggressively. Most traders have already moved on, convinced this chart has no future.
But markets don’t bottom when fear is loud — they bottom when participation disappears.
On the daily timeframe, BONKUSDT is trading deep inside a Discount zone after sweeping weak lows. Momentum is slowing, volatility is compressing, and downside continuation is no longer impulsive. This doesn’t mean an immediate reversal, but it often marks the transition from panic selling to quiet positioning.
Structurally, BONK remains bearish with multiple BOS and CHOCH confirmations. However, from an ICT perspective, price has fully migrated from Premium to Discount, where risk-to-reward begins to favor patient long exposure, not aggressive shorts.
Long-term plan (risk-managed):
Buy zone (DCA): 0.0000070
Stop loss: 0.0000020 (full invalidation)
TP1: 0.0000150
TP2 (Equilibrium): 0.0000250
TP3: 0.0000350
Risk rules:
Max leverage x5 only. Risk 1–2% per trade. Scale in, never all-in.
This is not a breakout trade. It’s a positioning trade while sentiment is broken.
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