#Bonkers $BONK

1. Continuation of Downtrend: If the current selling pressure continues, the price might further decline towards lower support levels (like around 0.00001780), forming more red candles in the next few hours.

2. Temporary Rebound: Markets often experience small rebounds even in downtrends. There might be a green candle or two if buyers step in around current support, potentially pushing the price back up to 0.00001800-0.00001830 range before continuing downward.

3. Trend Reversal: If there’s significant buying volume, it could reverse the trend, forming a green candle and moving the price up toward resistance levels like 0.00001900.

Watching for volume changes, support/resistance levels, and any signs of consolidation in the upcoming candles can help gauge the likelihood of these scenarios.

source :- chat Gpt