【$BULLA Signal】Pullback confirmation, secondary upward attack

$BULLA 1H level experiences a violent surge followed by a pullback. The 4H Bollinger Bands have already broken out of the upper band, and RSI has skyrocketed to 83, with momentum overheating. But on the 1-hour level, the buy-side order depth is solid. The order wall below 0.00924 is extremely thick, fully exposing the intent of capital support. MACD on the 1-hour level forms a golden cross, open interest remains stable, and there is no sharp drop in open interest accompanying a pump-and-dump with sell-off.

🎯Direction: Go long on the pullback

⚡Entry: Accumulate in batches within the 0.00766 - 0.00786 range

🛑Stop Loss: 0.00700

🚀Target 1: 0.01130

🚀Target 2: 0.01302

🛡️Trade Management:
- Execution strategy: After the price touches the first target, reduce the position by half. Move the remaining stop loss up to the entry price. If the price cannot hold above 0.00850, consider exiting early.

This rally came with extremely large trading volume, but open interest did not drop sharply along with the price, indicating that some of the newly added capital has been absorbed/settled. The 1-hour RSI has pulled back from its high to 71, providing a healthy retracement space. The order book shows that resistance above the sell orders is sparse. Once the buy-side regains strength, breaking through the resistance of the previous high at 0.00938 will be very easy. The risk-reward ratio is above 4, making this setup worth trying.

View real-time market 👇 $BULLA
---
Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
‍#Gate广场四月发帖挑战 #假期持币指南 #加密市场行情震荡