📉 $1000BONK – Short Setup

Entry Zone: 0.011150 – 0.011300 🔴

Stop Loss: 0.01200 ❌

Take Profit Targets:

TP1 → 0.010700 🎯

TP2 → 0.010200 🎯

TP3 → 0.009600 🎯

Bearish Rationale:

$1000BONK has spiked vertically from 0.007787 → 0.011443 in just a few hours. Explosive moves like this often attract profit-taking from early buyers.

MA7 (0.010795) is still above MA25 (0.009588), but momentum is slowing.

Each 4H candle is showing smaller gains and upper wicks, signaling weakening strength.

The volume spike from the pump is fading, a classic sign of smart money distributing positions into this strength.

⚠️ This is a controlled, high-probability short—follow risk management and scale responsibly

#1000bonk #CryptoWatchMay2024 #ShortSetups #ProfitTakingSuccess #TradingSignals3