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【$BULLA Signal】Pullback confirmation, sniper for a secondary rally
$BULLA 1H timeframe: high-level consolidation, retracing nearly 20% from 0.0249. The upper band of the 4H Bollinger Bands at 0.0240 acts as resistance, but the MACD fast and slow lines are still above the zero axis, meaning the bullish trend has not been fully broken. The 1H RSI has fallen back from the overbought zone to around 57; after a break in the buying momentum, the selling pressure has been released somewhat. Order book depth shows extremely thick buy/sell orders below 0.0205, with a clear intent to provide support with funds.
🎯Direction: Long (Pullback to re-entry)
⚡Entry/Order: 0.01843 - 0.01890
🛑Stop Loss: 0.01700
🚀Target 1: 0.02653
🚀Target 2: 0.03034
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the break-even level. If the price drops back into the entry zone, automatically exit to protect the principal.
Funding rate of 0.017% is still positive, but not at an extreme level, so the risk of a short squeeze is temporarily manageable. Position size is stable, and there are no signs of large-scale withdrawals. The 1H EMA20 is around 0.0190. If the price can pull back and hold this area, combined with increased trading volume, it will be an ideal starting point for a second push. The current risk-reward ratio is close to 4:1, and the odds are sufficient to cover the risk.
View real-time market 👇 $BULLA
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