And it keeps plummeting bro, at this moment technical analysis is worth nothing
TrEnD CreaToR
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Bearish
1000$BONK Short Liquidation: $7.9261K at $0.02162 The $BONK market just saw a massive short liquidation of $7.9261K at $0.02162! This sudden spike has caught shorts off guard, creating a chain reaction of liquidations.
The momentum shift is palpable, and it’s sending shockwaves through the market.
Support:
$0.0210 – Immediate support for a potential reversal.
$0.0200 – Stronger support zone, where buyers could step in.
Resistance:
$0.0220 – Short-term resistance level to watch closely.
$0.0230 – A major hurdle for bulls to overcome in the near term.
What's Next? With shorts being squeezed, the price could push higher, potentially testing the $0.0230 mark.
However, if the momentum fades, expect a pullback toward the $0.0210 support level.
It’s a volatile game, so keep your eyes peeled for any sudden moves!
