$BONK /USDT BEARISH BREAKDOWN CONFIRMED AFTER LOWER HIGH
MULTIPLE REJECTIONS AT DESCENDING TRENDLINE
SUPPORT BREACH BELOW $0.00001480 TRIGGERS SELL-OFF
$BONK formed a clear lower high pattern along a descending resistance line, with repeated failed breakouts (highlighted zones) followed by a sharp drop. The price failed to hold above $0.00001500 and has since declined to $0.00001416, confirming a bearish structure on the 30-min chart.
š“ SHORT TRADE SETUP
Entry Zone: $0.00001425 ā $0.00001445
Take Profit (TP): $0.00001380 / $0.00001300
Stop Loss (SL): $0.00001500
Market Outlook: Price is trading below key resistance and has confirmed a breakdown. Continuation likely unless reclaim of $0.00001500 invalidates the setup.
