This video is essential for Bonk traders seeking precise entry and exit points during the current correction phase. The analyst provides specific resistance levels (1.19589, 1.15190) and support targets (October 17th low) with clear Elliott Wave structure showing why further downside is likely before a bottom forms. Unlike general market commentary, this technical analysis offers actionable wave counts and exact price levels that traders can use to time their positions during this uncertain range-bound period.