$BONK
USDT BEARISH BREAKDOWN – SELLERS DOMINATING THE SCENE
The BONKUSDT pair is currently showing strong bearish momentum, with a clear breakdown below key supports indicating continued downside potential. Sellers remain in control as the price struggles to hold above recent lows.
🔑 Key Levels:
Current Price: 0.00002010
Resistance Levels: 0.00002150 – 0.00002250
Support Levels: 0.00001975 (24h low), further strong support lies near 0.00001900
📊 Trade Setup (Short):
Entry Zone: 0.00002020 – 0.00002010
Take Profits:
TP1: 0.00001975
TP2: 0.00001950
TP3: 0.00001900
Stop Loss: 0.00002100
📉 Market Outlook: Momentum remains strongly bearish with continuous lower highs and lower lows on the hourly chart. A failure to reclaim the 0.00002150 resistance will likely accelerate the decline towards deeper support zones. Caution is advised for any aggressive longs until clear reversal signals emerge.
⚠️ Risk Management: Position size carefully, risking only 1-2% of your capital per trade to protect against unexpected volatility and market spikes.
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buy and trade here on the $BONK