$BONK/USDT – Bearish Pressure Mounting on Lower Timeframe O
jolly queen
Updated at: 3 hours ago
{"content":"$BONK/USDT – Bearish Pressure Mounting on Lower Timeframe
On the 15-minute chart, $BONK/USDT is showing signs of short-term weakness as it struggles to maintain support above 0.00002105. After failing to sustain momentum near the recent spike high of 0.00002179, the price has slipped below both the 25-period and 99-period moving averages, indicating increased selling pressure. This bearish crossover suggests that sellers currently have the upper hand. Unless bulls manage to reclaim the 0.00002135 level with convincing volume, the path of least resistance remains to the downside. A retest of the key support zone around 0.00002076 appears increasingly likely if downward momentum continues to build.
Trade Setup (Short Bias):
Entry Zone: 0.00002110 – 0.00002120
Take-Profit (TP): 0.00002080 – 0.00002076
Stop-Loss (SL): 0.00002135
Market Outlook:
With price action failing to reclaim key levels and moving averages acting as dynamic resistance, the short-term market structure leans bearish. Traders should watch for a clean break below 0.00002100 as confirmation of further downside. Use caution around key levels, and adjust stops based on volatility.
#USNonFarmPayrollReport #MarketPullback #SaylorBTCPurchase #TrumpTariffs ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/01/f2eb10178e945bf8ddfdc975a96abee6.png"],"tags":[],"tradingPairs":["BONK/USDT"],"quotearticleid":0}