- BONK recently reacted perfectly from a daily supply zone, confirming a strong bearish structure
- The price may push up to grab liquidity above a nearby H1 supply before continuing its downtrend
- While structure looks bearish, nothing is guaranteed — the market remains unpredictable
In the last piece we wrote together, BONK had just tapped into a daily supply zone.
Remember that? We spotted the reaction — and then zoomed into the H1. There, it was almost like the chart whispered to us: “Hey, look at this clean supply up here.”
And wow… did price listen?
What happened next was classic. BONK pushed up just enough to hunt the liquidity resting above the previous highs — those tempting wicks that lure traders in like a trap.
Then? Bang. Straight into our H1 supply… and from there, it didn’t just turn. It collapsed.
Now, looking at the current structure — again on H1 — I’m eyeing another supply slightly higher. What makes it interesting isn’t just the structure itself, but the liquidity it’s hiding right above.
If BONK wants to keep being predictable (which it rarely is, let’s be honest), I could see it popping up, grabbing those stops, and then giving us another short leg down.
But let me be super clear with you. This isn’t gospel.
Yes, structure looks bearish for now. Yes, that supply is tempting. But we’re playing a game where the rules shift mid-round. Price can absolutely change its mind, leave us staring at the chart, and head the other way. These are possible scenarios — not guarantees.
I say this often, but it’s worth repeating: the market owes us nothing. It doesn’t care how clean your setup is or how many confluences you line up.
But that’s also what makes it beautiful. Because when it does play out… it feels like we’re dancing in sync with the chart itself.
Let’s see if BONK gives us another move. I’ll be watching that H1 supply closely. And if it plays out like the last one? You know I’ll be back here to talk about it.
