$BONK USDT BEARISH SHORT SETUP
The chart shows rejection from the recent high with strong selling pressure forming red candles after a rapid upward move. Momentum suggests a possible short-term pullback, favoring a short entry.
Trade Setup
Entry: Short below 0.00002480
Target 1 (TP1): 0.00002416
Target 2 (TP2): 0.00002383
Stop Loss (SL): 0.00002520
Risk Management
Limit risk to 1–2% per trade, always use a stop loss, and avoid overleveraging to protect capital during high volatility.
#TechnicalAnalysis #BearishSetup #CryptoTrading #PriceAction #ChartPattern

