🐵 PONKE: The Monkey is Falling (-21% This Week) 🐵
Price: $0.047 | Solana Casino is Open
📉 Technical Reality Check:
Your favorite orangutan is getting liquidated. Down 21% in 7 days and currently hugging $0.0454 support like it's the last tree in the jungle.
The Levels:
Break $0.0454 → Next stop $0.040 (capitulation city)
Reclaim $0.053 → Relief rally to $0.061 (12% upside)
RSI/MFI both near 20 → Oversold, but oversold can stay oversold longer than you can stay liquid
🎯 The Play:
This is a knife catch, not an investment. Volume spiked on the drop (smart money exiting) and now we're seeing if retail will defend the floor.
Risk Management (The Important Part):
Long entry: Only on a 4H close above $0.048 with volume
Stop Loss: Below $0.045 (tight—this is a casino)
Target 1: $0.053 (take 50% off)
Target 2: $0.061 (close rest)
If you're already bagged, this is your "panic or pray" zone. Don't average down blindly—wait for the reclaim or accept the L.
Verdict: High-risk mean reversion setup. One tick below $0.045 and it gets ugly fast.
Not financial advice. Manage your risk.
#PONKE #SolanaMemeCoins #CryptoTA #RiskManagement #daytrading $PONKE