The order book for BULLA has already made the answer obvious: short it. In the past 24 hours, spot has been dumped by nearly 20%, while buy-side depth is only 36% thicker than sell-side depth. The magnitude of the drop and the ability to absorb it are completely out of proportion, and trapped holders are averaging down as the price falls. On the futures side, aggressive sell orders have outweighed buy orders; that bit of buy-side depth is not support, but a bottom the bulls have invented for themselves.
