$BONK Short Setup 🔴
BONK - This one is struggling to hold, and I think the downside is still open.
The drop from 0.00000310 to 0.00000283 was sharp, and the recovery is looking extremely weak.
Trade with patience, not FOMO. Risk management always comes first.
🔴 Short Setup
💹 Entry: 0.00000293 – 0.00000295
🎯 TP1: 0.00000289
🎯 TP2: 0.00000285
🎯 TP3: 0.00000280
⛔ Stop Loss: 0.00000299 (If a 2H candle closes above this level, the short setup is invalid.)
The price has been in a steady decline from 0.00000310, and now it's sitting at 0.00000294 with no signs of reversal. The selling pressure is consistent – every bounce gets sold off quickly, and the volume on the downside is heavy. The 24h low at 0.00000283 is already getting tested, and I think we're headed even lower. The rejection from the upper levels is clean, and the bears are clearly in control.
Watch 0.00000289 – if that breaks, we could see a quick drop toward 0.00000285 and 0.00000280. A move back above 0.00000299 would be a concern, but as long as sellers stay in control, I'm comfortable riding this down.
#grvt #marscoin
$GRVT
$MMT
BONK - This one is struggling to hold, and I think the downside is still open.
The drop from 0.00000310 to 0.00000283 was sharp, and the recovery is looking extremely weak.
Trade with patience, not FOMO. Risk management always comes first.
🔴 Short Setup
💹 Entry: 0.00000293 – 0.00000295
🎯 TP1: 0.00000289
🎯 TP2: 0.00000285
🎯 TP3: 0.00000280
⛔ Stop Loss: 0.00000299 (If a 2H candle closes above this level, the short setup is invalid.)
The price has been in a steady decline from 0.00000310, and now it's sitting at 0.00000294 with no signs of reversal. The selling pressure is consistent – every bounce gets sold off quickly, and the volume on the downside is heavy. The 24h low at 0.00000283 is already getting tested, and I think we're headed even lower. The rejection from the upper levels is clean, and the bears are clearly in control.
Watch 0.00000289 – if that breaks, we could see a quick drop toward 0.00000285 and 0.00000280. A move back above 0.00000299 would be a concern, but as long as sellers stay in control, I'm comfortable riding this down.
#grvt #marscoin
$GRVT
$MMT