$BONK Chart Analysis

Last Pump Recap: #BONK soared 260% from the Bullish +OB Level, moving from $0.00001212 to $0.00004450.

Recent Rejection: After the pump, BONK faced a strong rejection from the Bearish -OB, leading to a 60% dump from $0.00005540 to $0.00001802.

Current Strategy:
🔸 Nearby OB: $0.000025-$0.000030 is an ideal short entry point.
🔸 Stop Loss: Place above the Bearish OB around $0.000031.
🔸 Expected Move: Anticipating a strong bounce from the Bullish OB around $0.000013-$0.00001550. ( around -50% )

#memecoins #trading #BTC #Layer2 $ETH $SOL