Technical analysis by dRends35 about Symbol BONK: Sell recommendation (7/6/2025)

BONK #50Just hit the reverse 2.272.Most coin charts are either flat or bearish here so BONK has been pumping against the overall market.This ratio is an algo favourite.Alerts set above the 2.414 as invalidation but it could go a little higher and still be fine.That said, I am looking for this to be a tidy catch.There is no significant bearish wick as yet.I am shorting this on the basis that I have seen plenty of peaks at this ratio.I entered a short here 👍.This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.Invalidated above 2.414