🔹 $BONK Technical Signal Breakdown – Futures & Spot Trading | Jul 29, 2025

BONK is trading at approximately 0.00003200 USDT on Binance spot, down ~12.33% in the past 24 hours. Price ranged between 0.00003078 and 0.00003687 during the session.

🕯️ Candlestick Data (24 h):

• High: 0.00003687

• Low: 0.00003078

• Structure: Brief spike to the highs followed by steep rejection; a string of upper‑wick candles and lower highs indicates rapid profit-taking and bearish dominance.

📊 Indicators:

• RSI (14): ~30 — deep in oversold territory with bearish momentum intact

• MACD: Bearish crossover fully confirmed; histogram strongly negative — accelerating downside action

• ADX (14): ~38 — strong trend strength emphasizing bearish control

• Williams %R: ~‑85 — clear oversold readings

• Moving Averages: Price trading well below short‑term (5/10/20) MAs — alignment firmly bearish

📉 Volume: Elevated on sharp sell‑off; rebound candles show minimal volume — low buyer interest and strong distribution.

✅ Bias: Short (Sell Signal) in Futures Trading; no Spot Buy until a clear reversal setup emerges (for educational analysis only)

Futures Short Entry: 0.00003200–0.00003687 → Max Target: 0.00003078

Spot Recovery Zone: 0.00003078–0.00003200 → Max Target: 0.00003687

Break below 0.00003078 with rising volume could open downside toward 0.00002900. Spot traders should wait for confirmed breakout above 0.00003687 with strong volume before considering long entry. Current structure, volume, and momentum strongly favor short setups in futures.

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Disclaimer: This analysis is educational and does not constitute financial advice. Always conduct your own research and manage risk responsibly.