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【$BULLA Signal】Short squeeze pullback, 1H level secondary surge
$BULLA 1H level: after a spike up, a pullback occurs. The EMA20 moving average at around 0.0081 shows clear buying support. On the 4H level, the MACD histogram turns from negative to positive, bearish momentum is contracting, and the price has already moved above the middle band of the Bollinger Bands. Order book depth shows extremely thick sell orders below 0.0097, fully revealing the main force’s intention to defend the price.
🎯 Direction: Long
⚡ Entry: Enter in batches within the 0.009610 - 0.011155 range
🛑 Stop loss: 0.013258
🚀 Target 1: 0.006950
🚀 Target 2: 0.004848
🛡️ Trade management: - Execute strategy: after Target 1 is reached, reduce the position by half, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.0096, exit proactively.
The 1-hour RSI is at 66; longs still have room, but be cautious about overheating. Open interest remains stable above 1.1 billion, and funds have not left. Combined with the positive funding rate of 0.0715%, there is a risk of being squeezed by shorts. The current risk-reward ratio is 2:1, which is within an acceptable range; the key is precise control of the entry level.
View real-time market 👇 $BULLA
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