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【$BULLA Signal】Pullback to confirm EMA20, chase on the right side
$BULLA 1H level with shrinking volume pulling back to EMA20, and the price repeatedly tests around 0.0126. The 4H Bollinger Bands are fully open; the price is above the upper band, and the MACD double lines continue to expand. The order book buy-sell price spread is extremely narrow, but the sell wall above 0.012667 has a thick pile of 22576 orders, forming direct resistance.
🎯 Direction: Long
⚡ Entry/Order: 0.01260 - 0.01270
🛑 Stop Loss: 0.01168
🚀 Target 1: 0.01330
🚀 Target 2: 0.01420
🛡️ Trade Management:
- Execution strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the entry price. If the price drops back to the entry level, you will automatically exit to protect capital.
RSI on 1H is at 74, and the 4H level has surged to 85.5; it’s overheated in the short term, but it hasn’t turned yet. The open interest remains stable above 700 million, and the funding rate of 0.0497% provides a positive incentive. The key is whether the 1H level can break through the previous high at 0.01284 with volume; after the breakout, resistance overhead is sparse. The current risk-reward ratio is close to 4, with the odds in your favor, but be cautious about profit-taking under high RSI.
View real-time market 👇 $BULLA
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