#BULLA#A price drop is imminent. Many have already realized profits; a return of 0.28 to 0.29 is possible, with liquidity decreasing for the day.
EleventhQuantification
【$BULLA Signal】Pullback to go long! 1H strong consolidation, waiting for a second breakout
$BULLA The 1H timeframe has experienced a massive rally and is currently consolidating strongly at high levels. A single volume spike on the 4H chart with a bullish candle has established a bullish pattern. The current price is above EMA20_1H (0.0424) and is consolidating strongly, which is a typical air-fuel pattern. Open interest remains stable, and the funding rate is as high as 0.1%, indicating extreme bullish market sentiment with potential for short squeeze. The current price is not suitable for chasing higher; wait for a pullback or breakout signal.
🎯Direction: Long (Long)
🎯Entry/Order:
1. 【Pullback Entry】0.0460 - 0.0470 (Reason: 50% Fibonacci retracement of the previous rally on the 1H chart and support at the previous small platform )
2. 【Breakout Chase Long】0.0509 (Reason: Breaks recent high on the 1H chart, confirming the end of consolidation )
🛑Stop Loss: 0.0420 (Reason: Break below the 1H EMA20 and the middle of the 4H bullish candle, damaging the bullish structure )
🚀Target 1: 0.0558 (Reason: Testing previous high resistance )
🚀Target 2: 0.0620 (Reason: Based on ATR-calculated 1.618 extension level )
🛡Trade Management:
- Position size suggestion: Light position (Reason: Daily increase has exceeded 80%, volatility is extremely high )
- Execution strategy: If entering according to plan 1, reduce position by 50% after reaching Target 1, and move stop loss to entry point. If entering according to plan 2, reduce position by 70% after Target 1, and hold the remaining position for Target 2.
Deep logic: Explosive volume growth on the 4H chart, with buy dominance (buy_sell_ratio > 0.5), which is a clear signal of main capital inflow. Although RSI_1H(74.94) and RSI_4H(83.44) are both high, in the hot coin short squeeze environment, overbought conditions can persist. Market depth data shows buy order depth (bid_ask_ratio_depth: 1.52) is better than sell orders. There are large buy orders accumulated in the 0.0489-0.0490 range below, forming a strong short-term support. The core strategy is to abandon chasing highs, precisely wait for pullback or breakout confirmation points, and capture the second wave with minimal risk.
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#BULLA#A price drop is imminent. Many have already realized profits; a return of 0.28 to 0.29 is possible, with liquidity decreasing for the day.
$BULLA The 1H timeframe has experienced a massive rally and is currently consolidating strongly at high levels. A single volume spike on the 4H chart with a bullish candle has established a bullish pattern. The current price is above EMA20_1H (0.0424) and is consolidating strongly, which is a typical air-fuel pattern. Open interest remains stable, and the funding rate is as high as 0.1%, indicating extreme bullish market sentiment with potential for short squeeze. The current price is not suitable for chasing higher; wait for a pullback or breakout signal.
🎯Direction: Long (Long)
🎯Entry/Order:
1. 【Pullback Entry】0.0460 - 0.0470 (Reason: 50% Fibonacci retracement of the previous rally on the 1H chart and support at the previous small platform )
2. 【Breakout Chase Long】0.0509 (Reason: Breaks recent high on the 1H chart, confirming the end of consolidation )
🛑Stop Loss: 0.0420 (Reason: Break below the 1H EMA20 and the middle of the 4H bullish candle, damaging the bullish structure )
🚀Target 1: 0.0558 (Reason: Testing previous high resistance )
🚀Target 2: 0.0620 (Reason: Based on ATR-calculated 1.618 extension level )
🛡Trade Management:
- Position size suggestion: Light position (Reason: Daily increase has exceeded 80%, volatility is extremely high )
- Execution strategy: If entering according to plan 1, reduce position by 50% after reaching Target 1, and move stop loss to entry point. If entering according to plan 2, reduce position by 70% after Target 1, and hold the remaining position for Target 2.
Deep logic: Explosive volume growth on the 4H chart, with buy dominance (buy_sell_ratio > 0.5), which is a clear signal of main capital inflow. Although RSI_1H(74.94) and RSI_4H(83.44) are both high, in the hot coin short squeeze environment, overbought conditions can persist. Market depth data shows buy order depth (bid_ask_ratio_depth: 1.52) is better than sell orders. There are large buy orders accumulated in the 0.0489-0.0490 range below, forming a strong short-term support. The core strategy is to abandon chasing highs, precisely wait for pullback or breakout confirmation points, and capture the second wave with minimal risk.
View real-time market 👇 $BULLA
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