【$BULLA Signal】Long | Healthy Cool-down After Explosive Breakout
$BULLA After a 38% surge with massive volume, the price is consolidating in a narrow range at high levels. This is a typical market reset after major players enter, rather than a top distribution. The price is consolidating above a huge bullish candle, indicating strong absorption by buyers and no panic selling pressure.
🎯 Direction: Long
🎯 Entry: 0.130 - 0.135
🛑 Stop Loss: 0.118 ( Rigid stop loss, invalidating the breakout logic if broken )
🚀 Target 1: 0.165
🚀 Target 2: 0.195
Hardcore logic: The price surges alongside massive volume (372M) and open interest (167M), which are clear signals of main capital entering the market, rather than just short covering. The current pullback is shallow and short in duration, indicating a strong consolidation. The price remains stable above the body of the massive candle, showing continuous absorption of short-term profit-taking by buyers. As long as it does not break below the key support of the initiating bullish candle, the market structure remains bullish, with a higher probability of upward continuation. This is a typical high reward-to-risk ambush position.
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【$BULLA Signal】Long | Healthy Cool-down After Explosive Breakout
$BULLA After a 38% surge with massive volume, the price is consolidating in a narrow range at high levels. This is a typical market reset after major players enter, rather than a top distribution. The price is consolidating above a huge bullish candle, indicating strong absorption by buyers and no panic selling pressure.
🎯 Direction: Long
🎯 Entry: 0.130 - 0.135
🛑 Stop Loss: 0.118 ( Rigid stop loss, invalidating the breakout logic if broken )
🚀 Target 1: 0.165
🚀 Target 2: 0.195
Hardcore logic: The price surges alongside massive volume (372M) and open interest (167M), which are clear signals of main capital entering the market, rather than just short covering. The current pullback is shallow and short in duration, indicating a strong consolidation. The price remains stable above the body of the massive candle, showing continuous absorption of short-term profit-taking by buyers. As long as it does not break below the key support of the initiating bullish candle, the market structure remains bullish, with a higher probability of upward continuation. This is a typical high reward-to-risk ambush position.
Trade here 👇 $BULLA
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