Let’s strip this down to what actually matters and ignore the meme noise.
BONKUSDT was in a clear downtrend—lower highs, lower lows, sellers in control. That’s the red zone and repeated BOS (Break of Structure) you see on the left. Then something important happened: price stopped falling, buyers stepped in, and BONK printed a Change of Character (CHoCH). That’s the market saying, “selling pressure is exhausted.”
The green box around $0.00000770 is the key level. This is a strong support/demand zone where the price will bounce hard. Price has now pulled back into this zone, which is exactly what you want to see in a healthy bullish setup. No chasing. No FOMO.
As long as BONK holds above this support, the bias stays bullish. Lose it, and the idea is invalid—simple.
Key Levels (nothing else matters):
Entry / Buy Zone: ~$0.00000770
Stop Loss: $0.00000720 (below this, buyers failed)
Target 1: $0.00000860
Target 2: $0.00001020
How to think about it:
This is a pullback into support after a trend shift, not a random gamble. If price stabilizes here, upside targets are in play. If it breaks below $0.00000720, step aside—no hope trading, no excuses.
The trend is trying to turn bullish. Let price confirm it.
BONKUSDT was in a clear downtrend—lower highs, lower lows, sellers in control. That’s the red zone and repeated BOS (Break of Structure) you see on the left. Then something important happened: price stopped falling, buyers stepped in, and BONK printed a Change of Character (CHoCH). That’s the market saying, “selling pressure is exhausted.”The green box around $0.00000770 is the key level. This is a strong support/demand zone where the price will bounce hard. Price has now pulled back into this zone, which is exactly what you want to see in a healthy bullish setup. No chasing. No FOMO.
As long as BONK holds above this support, the bias stays bullish. Lose it, and the idea is invalid—simple.
Key Levels (nothing else matters):
Entry / Buy Zone: ~$0.00000770
Stop Loss: $0.00000720 (below this, buyers failed)
Target 1: $0.00000860
Target 2: $0.00001020
How to think about it:
This is a pullback into support after a trend shift, not a random gamble. If price stabilizes here, upside targets are in play. If it breaks below $0.00000720, step aside—no hope trading, no excuses.
The trend is trying to turn bullish. Let price confirm it.
Note
NO CLEAR CONFORMATION SO WE HAVE NOT ENTERED IN THE TRADE
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.