$BONK is sitting right at the low and I am passing
Volume is only 0.7x the average right now so this move lacks real backing
With only $1.2M in volume a larger size just eats the order book and getting out won't be clean
I need an hourly close and hold above $0.00000296 before I care
Or I want to see a pullback that holds $0.00000279 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $BONK here or waiting for $0.00000279
#BONK #RiskManagement
Volume is only 0.7x the average right now so this move lacks real backing
With only $1.2M in volume a larger size just eats the order book and getting out won't be clean
I need an hourly close and hold above $0.00000296 before I care
Or I want to see a pullback that holds $0.00000279 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $BONK here or waiting for $0.00000279
#BONK #RiskManagement