#1000bonk
The market maker succeeded in lowering the strength index from 90 to 62 without a sharp drop in price, which is called a "side correction" aimed at enticing buyers to enter again before the knockout blow.
The goal is to keep the price below the 0.0090 area to close the door behind those who bought at the peak, and then push the price to break the pivot level to quickly reach the 0.0082 areas and below.
The direction is to break the bottom of 0.008294 (daily) to create a state of selling panic along with the market anticipating major political announcements.
1000bonk sell
Entry: current price 0.008842 or any "trap" bounce towards the 0.008942 area.
Stop loss: 0.009350 (above the highest recorded candle wick to avoid market maker fluctuations).
Targets: 0.008585 / 0.008000
$1000BONK
