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【$BULLA Signal】Bullish defense line broken, go short at current price
$BULLA 1H level rebounds then falls back, 4H level shows clear resistance around 0.0116. Market depth indicates sell orders stacked above 0.00968, buy support is sparse, and funding support is weak.
🎯Direction: Short
⚡Entry: Enter directly at around current price 0.009667
🛑Stop loss: 0.012967
🚀Target 1: 0.007532
🚀Target 2: 0.005721
🛡️Trade management:
- Execution strategy: Reduce half of the position after reaching 0.007532, move the remaining stop loss down to the entry price. If the price rebounds above 0.0101, consider exiting early.
4H MACD histogram expansion is weak, 1H level shows obvious divergence between volume and price, with declining volume during price rally. Open interest remains stable but funding rate is high, posing a liquidation risk for longs. Current risk-reward ratio is close to 2, this position is worth a try but must strictly set stop loss.
Check real-time market 👇 $BULLA
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