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$1000BONK


Analysis: A $1.1699K long liquidation at $0.5649 signals downside pressure and weakened long positioning. With limited market data, favor a cautious short below the liquidation zone.


Liquidation/Data: $1.1699K Long Liquidation at $0.5649


Support: $0.5500

Resistance: $0.5800

Entry: $0.5620–$0.5680

TP1: $0.5520

TP2: $0.5420

TP3: $0.5300

SL: $0.5805


Trigger: Rejection below $0.5650 or breakdown through $0.5500.


Invalidation: Sustained reclaim above $0.5800 invalidates the short setup.


NFA • DYOR

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