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【$BULLA Signal】Pullback to buy, funds support after 1H breakout
$BULLA A single massive bullish candle on the 1H chart directly pierced through the upper band. After the price surged higher, the current price is 0.00579, with buy orders heavily stacked in the 0.0057-0.0056 range. The depth imbalance indicates strong willingness to support below. The 4-hour MACD histogram continues to expand, showing that bullish momentum has not exhausted. This kind of sharp rally followed by sideways movement is more like a shakeout rather than distribution.
🎯Direction: Long
⚡Entry/Orders: Layered entries in the 0.00514 - 0.00527 range
🛑Stop Loss: 0.00510
🚀Target 1: 0.00597
🚀Target 2: 0.00631
🛡️Trade Management:
- Execution Strategy: After reaching the first target, halve the position, and move the stop loss of the remaining position up to the entry price. If the price cannot hold above 0.0055, consider exiting early.
Position size remains stable, no panic selling during sharp fluctuations, and clear signs of main force support. The 1-hour RSI has fallen from a high level to 71, providing a healthy retracement space. Sell orders start to thicken above 0.0058, and the first attempt to push higher may face resistance, which is exactly why we wait for a pullback to add to our position. The risk-reward ratio exceeds 4, making this setup worth trying.
Check real-time market 👇 $BULLA
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