$1000BONK SHORT SETUP WITH 3 TARGETS AND RSI EXHAUSTION ⚡
Entry: 0.002974 🔥
Target: 0.002881 / 0.002788 / 0.002695 🚀
Stop Loss: 0.00316 ⚠️
The 15m chart shows RSI at 27.2, indicating exhaustion in a bearish structure. Both EMA20 and EMA50 are stacked above price, reinforcing the downtrend. I have 80% conviction that the higher-timeframe bias aligns with this short.
With three defined targets, the risk-to-reward is favorable if levels hold. Selling into strength here avoids the noise of a failed reversal. Do you agree that $1000BONK is due for a correction, or do you think the momentum will reverse?
Not financial advice. Always manage your risk.
#1000BONK #ShortSetup #Bearish #Correction #Crypto ⚡