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BONK Trading Analysis: Called The Move
Got the setup right on this one. Posted the BONK chart earlier with a clear breakdown of support levels, and the action played out exactly as anticipated. The price action validated the technical structure we were tracking.
This is the kind of setup where the setup confirms itself through price movement. When you nail the critical resistance zone and see the market respect it, that's real confirmation. The bears had their moment, but the broader trend remains in play.
Pay attention to these inflection points. Ignoring quality technical signals usually means leaving money on the table later. The market's been rewarding precision over guesswork lately.