Team, I’m eyeing a solid continuation setup on 1000BONKUSDT.P. After a strong move up, price is currently consolidating in a textbook bullish pennant on the 12H timeframe. This is typically a continuation pattern, and all signs point to a potential breakout or a deeper retest before the next leg higher.
Momentum has cooled off a bit (as expected), and RSI is resetting — which is exactly what we want before a clean move.
🎯 My Plan (Two Entry Options):
1. Breakout Entry
• 🔹 Entry: 0.03780 – 0.03820 (wait for breakout candle close or strong impulse)
• 🎯 Targets:
• TP1: 0.04250
• TP2: 0.04900
• TP3: 0.06000
• 🛡️ Stop-loss: 0.03550 (just below the structure)
2. Retest Entry (More Conservative)
• 🔹 Entry: 0.03280 – 0.03340 (support zone from previous consolidation)
• 🎯 Same targets
• 🛡️ Stop-loss: 0.03150
🔍 Why I’m Taking This Trade:
• Clean bullish structure on all higher timeframes.
• Volume confirms accumulation; no signs of panic selling.
• RSI has room to climb again after a healthy reset.
• Market is holding strong above key support zones.
🧠 As always, manage your risk. I’ll be scaling in based on confirmation and watching BTC for correlation. This setup has potential for continuation — don’t rush, let the market come to you.
Stay sharp.
— Candle Craft
Momentum has cooled off a bit (as expected), and RSI is resetting — which is exactly what we want before a clean move.
🎯 My Plan (Two Entry Options):
1. Breakout Entry
• 🔹 Entry: 0.03780 – 0.03820 (wait for breakout candle close or strong impulse)
• 🎯 Targets:
• TP1: 0.04250
• TP2: 0.04900
• TP3: 0.06000
• 🛡️ Stop-loss: 0.03550 (just below the structure)
2. Retest Entry (More Conservative)
• 🔹 Entry: 0.03280 – 0.03340 (support zone from previous consolidation)
• 🎯 Same targets
• 🛡️ Stop-loss: 0.03150
🔍 Why I’m Taking This Trade:
• Clean bullish structure on all higher timeframes.
• Volume confirms accumulation; no signs of panic selling.
• RSI has room to climb again after a healthy reset.
• Market is holding strong above key support zones.
🧠 As always, manage your risk. I’ll be scaling in based on confirmation and watching BTC for correlation. This setup has potential for continuation — don’t rush, let the market come to you.
Stay sharp.
— Candle Craft
Trade active
🚨 1000BONKUSDT.P – TRADE UPDATE📍 Leverage: 125x
📅 July 27
Trade is progressing well from our marked entry zone. BONK respected structure perfectly and is moving in our direction.
📌 Entry Zone: 0.03280 – 0.03340
📈 Current Price: 0.03590
⚙️ Position Leverage: 125x / profit +1300%
🧠 High risk, high precision — trade managed tightly.
Trade closed manually
Hey my crypto family 👋Let’s take a moment to zoom out. After two clean wins on BONK — ✅ +1000% on the first impulse and ✅ +600% on the second — we now prepare for the next major move.
🚨 Upcoming Volatility Alert:
Tomorrow brings critical catalysts:
– 🇺🇸 Fed interest rate decision
– 📝 U.S. crypto policy update
– 🫧 Market-wide overleverage needing a flush
We’re anticipating broader market corrections paired with deep liquidity sweeps before the next macro leg.
BONK is positioned as a high-beta asset to react sharply to this environment.
🎯 Plan Forward:
We’ll wait for the market to dip into key liquidity zones, and hunt for a reactive long on BONK, only after a proper structural confirmation (like BOS/CHoCH on M5–M15).
🧠 Reminder: No need to rush. We ride the setups, not the hype.
Stay sharp and let the market come to us.
— Team Candle Craft
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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.