I got 2$ on this position, thank u

$1000BONK analysis and strategy for the next 12 hours:
Analysis:
1. Current Price: 0.042496 (down 7.53%).
2. Key Indicators:
MACD: The histogram shows bearish momentum as it is below the zero line. However, there is a potential for a minor reversal if the MACD line approaches the signal line.
RSI (14): Below 50, indicating selling pressure is dominant. However, it is approaching the oversold zone (30), which could trigger a price bounce.
Stochastic RSI: Near the oversold zone, potentially signaling an upward reversal.
OBV (On-Balance Volume): Indicates stronger selling pressure, suggesting the market remains bearish.
3. Bollinger Bands: Price is near the lower band, suggesting a potential bounce if buying pressure increases.
4. Volume: Trading volume is low. Confirmation of significant price movements requires higher volume.
Trading Recommendation:
Entry Buy:
Entry Zone: 0.041800–0.042000 (near the support level).
Confirmation: Wait for a reversal signal, such as a strong bullish candlestick (e.g., bullish engulfing or hammer) on smaller timeframes (5m or 15m).
Take Profit (TP):
TP1: 0.043800 (closest resistance, approximately +4%).
TP2: 0.045500 (strong resistance, approximately +7%).
Stop Loss (SL):
Place SL below the critical support at 0.041200 (around -2%).
Notes:
If bearish pressure remains strong, avoid entry until there is a clear reversal confirmation.
Pay attention to the alignment of indicators such as MACD, RSI, and volume to ensure a safe entry.
Always use risk management, limiting losses to 1–2% of your capital.