$BONK is forming a rising wedge 👀 Price is making higher highs and higher lows inside a narrowing range, but momentum is fading as buyers struggle to push through resistance. The recent rejection near the upper trendline keeps the setup bearish. A confirmed breakdown below wedge support could trigger the projected move toward the downside target, while a breakout above resistance would invalidate the pattern. 📉⚠️ Watch for a decisive candle with increased volume. Bears have a slight edge unless bulls reclaim the upper trendline and flip momentum.