32% gains, but 60% of positions are still short — this is a classic short squeeze setup.
BULLA has posted three consecutive hourly green candles, rallying from 0.058 to 0.078, with trading volume of 456 million U.
The funding rate of 0.04% is not extreme, which means leverage hasn’t gone wild yet.
The key is the long/short ratio: 40% long vs 60% short. As the price moves up, the shorts still haven’t closed.
If it keeps breaking above 0.08, these shorts will be forced to stop out, accelerating the rally.
But if it falls back below 0.07, long-side profit taking could come quickly as well.
$BULLA #轧空预警 #60% short
Click the card below to quickly check the market👇
BULLA has posted three consecutive hourly green candles, rallying from 0.058 to 0.078, with trading volume of 456 million U.
The funding rate of 0.04% is not extreme, which means leverage hasn’t gone wild yet.
The key is the long/short ratio: 40% long vs 60% short. As the price moves up, the shorts still haven’t closed.
If it keeps breaking above 0.08, these shorts will be forced to stop out, accelerating the rally.
But if it falls back below 0.07, long-side profit taking could come quickly as well.
$BULLA #轧空预警 #60% short
Click the card below to quickly check the market👇
