🦅 SUPPLY BLOCK: $BONK FAILS THE BREAKOUT 📉
👇 CLICK ON $BONK TO SHORT THE REJECTION
⚠️ SNIPER DIAGNOSIS:
The Ceiling is Solid.
While other memecoins are trying to bounce, BONK has run straight into a "Kill Zone". The price attempted to rally but was slapped down exactly at the resistance block.
Perfect Rejection: The price spiked into the 0.00000620 - 0.00000625 area (Beige Supply Box) and left a massive upper wick. This "Shooting Star" formation signals that buyers are trapped.
Trend Resistance: We remain structurally bearish below the EMA 200 (currently at 0.00000628). As long as we are below this line, every pump is a selling opportunity.
📉 SNIPER DATA ($BONK):
🔴 DIRECTION: SHORT (Sell the Resistance).
🧱 ENTRY ZONE: 0.00000617 - 0.00000620 (Enter at current market price).
🎯 OFFICIAL TARGETS:
✅ TP1: 0.00000613 (Immediate Local Lows).
✅ TP2: 0.00000606 (Breakdown Continuation).
🚀 TARGET: 0.00000598 (Range Lows / Liquidity Sweep).
🛑 STOP LOSS:
SL: 0.00000642
THE SNIPER REPORT:
The Logic: This is a classic "Fade the Rally". The momentum failed at the first hurdle. We bet on the continuation of the downtrend.
Risk Management: The Stop Loss is tight above the rejection wick. High probability setup.
👇 Selling the failure? Click on $BONK
