$BONK USDT – UPTREND COOLING OFF? BEARISH PAUSE AT THE TOP!
WICK REJECTION NEAR LOCAL HIGH
MACD SHOWS EARLY SIGNS OF SLOWDOWN
$BONK surged over +20% in the last 24 hours but is now showing exhaustion signs below the $0.00001698 resistance. The latest 1H candle formed a wick rejection at the top — indicating supply pressure is entering the market.
MACD is still bullish, but momentum is flattening. Histogram bars are losing strength, signaling that bulls may be running out of steam in the short term.
Trade Setup (Short):
Entry: $0.00001670
Targets:
• TP1: $0.00001620
• TP2: $0.00001560
Stop Loss: $0.00001715
A break below $0.00001647 could trigger further downside. Watch closely for volume shift confirmation.