$BONK 1D Overview
- I expect BONKUSDT to attempt a move higher from here, at least toward 0.00000621, especially if the indicators continue to flip bullish and the market shows a clear reversal structure around the 0.00000582–0.00000514 base.
- For the safest trade, wait for a sweep below 0.00000582 with rejection (like a wick or lower timeframe bullish structure). Enter on confirmation such as a pin bar or bullish engulfing on the daily or a strong reversal on H4/H1.
- Take profit first at 0.00000621, then consider trailing to 0.00000684 and 0.00000742 if the move is strong.
- If price fails and closes below 0.00000514, avoid longs — that would be a sign of trend continuation lower, and my bias would shift to expecting further downside toward 0.00000500 and potentially 0.00000387.
- If price impulsively breaks above 0.00000684 with high volume and retests it as support, this could be a sign of a bigger reversal toward the equilibrium around 0.00000927.
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