💥
$BONK , one of the top meme coins on the market, is currently under bearish pressure after failing to hold recent highs. Traders should be cautious, as technicals suggest a potential short opportunity or at least a "watch and wait" approach.
---
📉 Market Snapshot:
Current Price: $0.00002111 / Rs0.00598
24h Change: -5.84%
24h High/Low: $0.00002314 / $0.00002110
24h Volume: 1.88T BONK | 41.92M USDT
---
📊 Trade Setup (Short Bias / Watchlist):
Entry Zone: $0.00002140 – $0.00002150
Take-Profit Targets:
TP1: $0.00002050
TP2: $0.00002000
Stop-Loss: $0.00002350
Bias: Bearish (Short-Term)
---
🔍 Technical Outlook:
BONK is facing strong resistance near $0.00002150–$0.00002300
Price is showing signs of weakness and rejection at key resistance
A drop toward the $0.00002000 zone looks likely if bearish momentum continues
---
🧠 Strategy Notes:
Consider small position sizing if shorting due to BONK's high volatility
Stop-loss placement above recent highs ensures risk containment
Ideal for scalpers and short-term traders—not recommended for long-term holding at current levels
---
📋 Summary Table:
Metric Value
Entry Zone (Short) $0.00002140 – $0.00002150
TP1 $0.00002050
TP2 $0.00002000
Stop-Loss $0.00002350
Trend Bearish
Strategy Type Short / Watch
---
> ⚠️ Risk Warning: Meme coins like BONK are highly speculative and extremely volatile. Use strict stop-losses and never overleverage in such setups.
---
🔔 Are You Watching BONK?
Do you see a breakdown incoming, or will BONK bounce back like meme coins often do?
Drop your take ⬇
#BONK #MemeCoins #CryptoTrading #ShortSetup #USDT #Binance #Write2Earn #BONK #MemeCoins #CryptoTrading #ShortSetup #USDT #Binance #Write2Earn #Altcoins
