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BONK/USDT Technical Setup — 4H Timeframe Review
BONK continues to operate beneath a defined bearish order block, with the overall structure showing notable weakness. The initial breakdown executed cleanly, and subsequent price bounces have appeared corrective rather than impulsive—a key distinction for directional bias. At present, price is consolidating softly near support levels, which typically precedes directional continuation. This setup warrants monitoring for the next impulse leg as market participants await a breakout confirmation.