$1000BONK is positioned precisely where bearish failures often ignite rallies.
$1000BONK - LONG
Trade Plan:
Entry: 0.00617 – 0.00620
SL: 0.00609
TP1: 0.00628
TP2: 0.00631
TP3: 0.00637
Why this setup?
The 4h chart is forming a LONG setup, supported by a consolidating daily trend. The key is the price action near 0.00617–0.00620 (mid 0.00618). RSI 15m at 53 supports further upside, with momentum neutral for continuation. 15m volume is 4.00x, showing 35.13M traded against an expected 8.78M per 15m, confirming genuine bid strength.
Debate:
Will this zone propel the breakout, or stall it before TP1 is reached?
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