✅ BONK/USDT — 4H (Binance) | Aug 21, 2025 — Professional Technical Analysis
🔎 Chart Context
• Pair: BONK/USDT
• Exchange: Binance
• Timeframe: 4H
• Current price: 0.00002198
• Price is in a mid-term downtrend, making lower highs and lower lows after rejection from 0.00002877 and 0.00002826.
📊 Key Observations
1. Market Structure
• BONK peaked at 0.00002877 and 0.00002826, then entered a steady decline.
• The current swing low is 0.00002275, with price attempting a short-term bounce.
• Trend remains bearish until the market reclaims higher supply zones.
2. Support & Demand Zones
• 0.00002339 – 0.00002198: Current support block, where buyers are trying to defend.
• 0.00001900 – 0.00001800: Deeper demand zone; main liquidity magnet if current support fails.
3. Resistance & Supply Zones
• 0.00002411 – 0.00002480: Local supply + fair value gap (FVG), likely to act as rejection zone.
• 0.00002740 – 0.00002877: Strong resistance cluster from last highs.
4. Fair Value Gap (FVG)
• FVG sits above 0.00002480 — price may push into this imbalance before resuming the downtrend.
• This is a typical retracement target before continuation lower.
📈 Bullish Scenario (Short-Term Relief Only)
• Price defends 0.00002275–0.00002198.
• A short-term bounce targets:
• TP1: 0.00002411
• TP2: 0.00002480 (FVG fill)
• For a trend reversal, BONK needs a 4H close above 0.00002550 — otherwise, upside remains corrective only.
📉 Bearish Scenario (Higher Probability)
• BONK rejects from 0.00002411–0.00002480 FVG zone.
• Price resumes decline toward:
• TP1: 0.00002200 (recent low)
• TP2: 0.00001900–0.00001800 (major liquidity target)
• Breakdown below 0.00001800 would open deeper extension into 0.00001650.
⚡ Trading Plan
• Short Setup (Preferred):
• Entry: 0.00002411 – 0.00002480 (FVG rejection)
• TP1: 0.00002200
• TP2: 0.00001900
• Stop: Above 0.00002550
• Long Setup (Countertrend, Risky):
• Entry: 0.00002200 – 0.00002198 (demand defense)
• TP: 0.00002450
• Stop: Below 0.00002150
✅ Conclusion
BONK/USDT on 4H remains in a bearish corrective structure, with the most probable path being a short-term bounce into 0.00002480 FVG, followed by a continuation lower toward 0.00001900–0.00001800 demand zone. Only a reclaim above 0.00002550 would shift momentum back in favor of bulls.
🔎 Chart Context
• Pair: BONK/USDT
• Exchange: Binance
• Timeframe: 4H
• Current price: 0.00002198
• Price is in a mid-term downtrend, making lower highs and lower lows after rejection from 0.00002877 and 0.00002826.
📊 Key Observations
1. Market Structure
• BONK peaked at 0.00002877 and 0.00002826, then entered a steady decline.
• The current swing low is 0.00002275, with price attempting a short-term bounce.
• Trend remains bearish until the market reclaims higher supply zones.
2. Support & Demand Zones
• 0.00002339 – 0.00002198: Current support block, where buyers are trying to defend.
• 0.00001900 – 0.00001800: Deeper demand zone; main liquidity magnet if current support fails.
3. Resistance & Supply Zones
• 0.00002411 – 0.00002480: Local supply + fair value gap (FVG), likely to act as rejection zone.
• 0.00002740 – 0.00002877: Strong resistance cluster from last highs.
4. Fair Value Gap (FVG)
• FVG sits above 0.00002480 — price may push into this imbalance before resuming the downtrend.
• This is a typical retracement target before continuation lower.
📈 Bullish Scenario (Short-Term Relief Only)
• Price defends 0.00002275–0.00002198.
• A short-term bounce targets:
• TP1: 0.00002411
• TP2: 0.00002480 (FVG fill)
• For a trend reversal, BONK needs a 4H close above 0.00002550 — otherwise, upside remains corrective only.
📉 Bearish Scenario (Higher Probability)
• BONK rejects from 0.00002411–0.00002480 FVG zone.
• Price resumes decline toward:
• TP1: 0.00002200 (recent low)
• TP2: 0.00001900–0.00001800 (major liquidity target)
• Breakdown below 0.00001800 would open deeper extension into 0.00001650.
⚡ Trading Plan
• Short Setup (Preferred):
• Entry: 0.00002411 – 0.00002480 (FVG rejection)
• TP1: 0.00002200
• TP2: 0.00001900
• Stop: Above 0.00002550
• Long Setup (Countertrend, Risky):
• Entry: 0.00002200 – 0.00002198 (demand defense)
• TP: 0.00002450
• Stop: Below 0.00002150
✅ Conclusion
BONK/USDT on 4H remains in a bearish corrective structure, with the most probable path being a short-term bounce into 0.00002480 FVG, followed by a continuation lower toward 0.00001900–0.00001800 demand zone. Only a reclaim above 0.00002550 would shift momentum back in favor of bulls.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.