🚨 BONK just dumped 10% while the rest of the market barely moved. Is the meme king dying, or is this a gift?

📊 What's Happening:
Price: $0.00000252 (-10.3%)
RSI (4H): 29.7 — OVERSOLD
RSI (1D): 30.6 — near oversold
Volume: 2.25x normal — this is a capitulation candle
Trend: Strong downtrend on both timeframes

🧠 Why the Dump:
Here's the uncomfortable truth: BONK's smart money is rotating out. On-chain data shows whale wallets reducing positions, with funds flowing into newer meme coins on Solana (think CATE, Jimothy, etc.). The meme lifecycle is brutal — attention moves fast.

BUT — RSI at 29.7 is deeply oversold. Historically, BONK has bounced hard from these levels. The 10% drop came on surging volume, which could signal panic selling exhaustion.

📋 Trade Plan:
This is a WAIT — not a buy yet.
Entry: Only if we see a 4H candle close above $0.0000027 with volume confirmation
Stop Loss: $0.0000020
TP1: $0.0000028
TP2: $0.0000032

⚠️ Don't catch falling knives. Wait for the bounce confirmation.

Is BONK still in your portfolio, or did you rotate to newer memes? 🐕

#BONK #MemeCoin #DYOR

⚠️ Disclaimer: Personal opinion, not financial advice. Meme coins are extremely high-risk. Only invest what you can afford to lose.