#Gate Blue Challenge# $1000BONK Market Watch 🚨
$BONK has rebounded cleanly from the 0.0260 support on both the 15m and 1H charts, printing a sharp wick and fast recovery. On higher timeframes, the pair is still consolidating after July’s explosive rally—though momentum has clearly cooled.
📊 Key Levels
🔸 Support: 0.0260 → 0.0240
🔸 Resistance: 0.0275 → 0.0290 → 0.0320
Near-term, a relief push toward 0.0275 looks probable—but sellers still dominate above this zone.
Scalpers: Play the bounce long with tight stop-losses.
Swing Traders: Eye short entries on clean rejections at 0.0275.
If 0.0260