$BULLA lost both EMAs on the 4h and the drop is accelerating with barely any bounce 🔴
$BULLA - Open short 🔴
Entry- 0.0670-0.070
SL- 0.08
TP- 0.063-0.060-0.0570
THESIS - Price broke down through the 21 and 50 EMA cluster after weeks of holding above it, and the size of this last red candle shows sellers are moving with real conviction now. The 0.060 area is the first real test since it already printed once on this move, but a clean break there opens a long way down toward the 200 EMA. If price reclaims 0.08, this short is invalid ✅
Trade $BULLA here 👇
$BULLA - Open short 🔴
Entry- 0.0670-0.070
SL- 0.08
TP- 0.063-0.060-0.0570
THESIS - Price broke down through the 21 and 50 EMA cluster after weeks of holding above it, and the size of this last red candle shows sellers are moving with real conviction now. The 0.060 area is the first real test since it already printed once on this move, but a clean break there opens a long way down toward the 200 EMA. If price reclaims 0.08, this short is invalid ✅
Trade $BULLA here 👇
