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【$BULLA Signal】Pullback confirmation, bulls strike again
After a 1H-level pullback to the EMA20, the price stabilizes around 0.0063, with strong buying depth. There are dense orders from 0.0062 to 0.00615 below. The 4H MACD histogram is still expanding, and the price has broken above the upper Bollinger Band, indicating strong momentum. Open interest remains stable, and although the funding rate is positive, it is not at dangerous levels. Short squeeze risk is temporarily manageable.
🎯Direction: Long
⚡Entry: Enter immediately at the current price around 0.00634, or place a hidden order near 0.00625.
🛑Stop Loss: Below 0.00615
🚀Target 1: 0.00676
🚀Target 2: 0.00730
🛡️Trade Management:
- Execution strategy: After the price reaches 0.00676, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.0065 and falls back, consider exiting early.
Order book data shows buy-side strength is clearly dominant, with sparse sell orders at levels 1 to 3. Once breaking through 0.00636, resistance above is weak. The 1-hour RSI is around 68, still room to rise and not in extreme overbought territory. Under this structure, the risk-reward ratio exceeds 4:1, making it worthwhile to use a small stop loss to target higher gains.
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