$BONK is at 0.00000281 and I am passing right now. One low number tells the real story
Only 2.1M of 24h volume is moving on this book right now
That thin liquidity means large size wrecks the order book and clean exits are not likely
An hourly close and hold above 0.00000287 changes my mind
Or a clean pullback that holds 0.00000272 and bounces hard
It could keep running without you and a bad entry costs more than a missed move
Chasing $BONK here or waiting for 0.00000272
#BONK #RiskManagement
Only 2.1M of 24h volume is moving on this book right now
That thin liquidity means large size wrecks the order book and clean exits are not likely
An hourly close and hold above 0.00000287 changes my mind
Or a clean pullback that holds 0.00000272 and bounces hard
It could keep running without you and a bad entry costs more than a missed move
Chasing $BONK here or waiting for 0.00000272
#BONK #RiskManagement