- Topic
6k Popularity
92k Popularity
123k Popularity
5k Popularity
2k Popularity
- Pin
- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
🎁 4 winners split $100 Futures Voucher! - 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
BONK Recovery Signal – Did the Breakout Succeed?**
#### **Initial Setup Recap:**
- **Entry:** $0.00003221
- **Breakout Level:** $0.00003277
- **Targets:** $0.00004395 (36% gain), $0.00005058 (57% gain), $0.00005693 (77% gain)
- **Stop Loss:** $0.00002722 (~15% risk)
---
### **What Happened?**
1. **Breakout Attempt:**
- BONK briefly tested the breakout level ($0.00003277) but faced strong rejection, failing to sustain momentum.
- Price retraced below the entry zone, signaling weakness.
2. **Support Test:**
- The key support at **$0.00002773** was breached, triggering the stop-loss at **$0.00002722**.
- The drop invalidated the bullish recovery thesis, confirming a continuation of the downtrend.
3. **Market Context:**
- Broader meme coin sector struggled (e.g., SHIB, DOGE consolidating).
- Bitcoin’s sideways movement limited altcoin upside.
---
### **Key Takeaways:**
✅ **Correct Aspects:**
- Strict risk management (stop-loss saved traders from deeper losses).
- Clear breakout confirmation level helped avoid premature entries.
❌ **What Went Wrong?**
- False breakout (lacked follow-through buying).
- Strong resistance at $0.00003277 proved tougher than expected.
🔍 **Lessons for Next Time:**
- Wait for a **confirmed close above resistance** (not just a wick).
- Monitor trading volume—low volume breakouts are prone to failure.
---
### **Final Verdict:** ❌ **Trade Failed (Stop-Loss Hit)**
While the setup had strong upside potential, market conditions and weak momentum led to a breakdown. Always respect stop-losses—this trade kept losses small and preserved capital for future opportunities.
**Next Levels to Watch:**
- If BONK reclaims $0.00002773, a retest of $0.00003277 is possible.
- Below $0.00002722, next support: **$0.00002250** (30% drop from entry).
---
** #CryptoObserver # TradePostMortem #RiskManagement # BONK**
Would you like a revised strategy for the next potential BONK entry? 🚀