📉 $BULLA at a Crossroads: Priced for a Fall or Fakeout?
$BULLA is now testing **$0.38789** after a staggering **+164.01% pump**. The party looks extended—price is trading **well above the Supertrend (10,3)** at $0.16573, but has been firmly rejected from the $0.480–0.502 resistance zone.
The Strategy (Short Bias):
Entry: $0.387 – $0.392
Targets:
🔸 $0.302
🔸 $0.202
🔸 $0.102
📉 Bear Case:
A rejection from $0.40265** and break below **$0.388 could trigger a sharp drop toward $0.302 and lower. Volume on recent declines suggests distribution, not accumulation.
🚀 Bull Case (If Reversal):
If BULLA reclaims $0.40265**, the downtrend is invalidated. Next targets: **$0.480–0.502. However, with such extreme gains (+778% in 90 days), momentum exhaustion is likely.
Current Sentiment: Extreme Greed → Potential Correction
After a +1226% move in 7 days, consolidation or a pullback is statistically probable. This looks more like a liquidity grab than a sustainable rally.
Are you shorting this bounce, or waiting for a confirmed breakdown below $0.388?
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