BONK: The Setup We Marked Back on April 28th? That Was One of Those Moments Where Everything Clicks

There are moments in trading where everything clicks.

There are moments in trading where everything clicks.

And looking at BONK, the setup we marked back on April 28th? That was one of them.

The daily chart respected both the demand and supply zones to the pip — and if that doesn’t make you believe in technicals, I don’t know what will.

Sometimes I sit back and smile. Like yeah, with the right knowledge, the market isn’t this unpredictable chaos people make it out to be. It’s readable — at least some of the time.

H1 Timeframe: A Liquidity Grab Below

Switching to the H1 chart, we can see something interesting just happened: liquidity got swept from below.

Now that’s important.

When price dips down and clears out stop losses or inefficient pockets, it often gets the fuel it needs for the next leg up.

Could we see BONK head higher now? Possibly even grab the liquidity resting above recent highs before thinking of coming back down again?

That’s one of the scenarios I’m watching closely.

No Crystal Ball, Just Possibilities

As always — and I really can’t stress this enough — none of this is guaranteed.

BONK is still a meme coin. It doesn’t follow rules. It creates them, breaks them, then laughs in your face.

These setups I’m talking about? They’re possible, but not 100% certain. I’ve seen perfect demand zones fail and obvious liquidity sweeps get ignored. It’s part of the game. Your edge is probability, not prophecy.

So manage your expectations, and please — manage your risk.

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