BULLA JUST EXPLODED +82% — BUT SHORTS ARE STILL STEPPING IN
$BULLA is showing aggressive momentum, with price around $0.136 after a massive move higher.
The interesting part is the derivatives data.
Open Interest has climbed toward $18M while price continues rising, meaning fresh positions are entering the market.
At the same time, the Top Trader Long/Short ratio has dropped toward 0.91, showing increasing short positioning.
That creates a dangerous setup for bears: if BULLA keeps pushing higher, another short squeeze could accelerate the move.
But with this level of volatility, chasing the pump carries serious risk.
Key levels from the chart: Support: $0.12–$0.13 Resistance: $0.14–$0.15
BULLA is now a battle between rising OI, aggressive momentum and increasing shorts.
Watch the squeeze.
#FedRateWatch #ZcashHoldersBackNU7Upgrade #ZcashHoldersBackNU7Upgrade
$BULLA is showing aggressive momentum, with price around $0.136 after a massive move higher.
The interesting part is the derivatives data.
Open Interest has climbed toward $18M while price continues rising, meaning fresh positions are entering the market.
At the same time, the Top Trader Long/Short ratio has dropped toward 0.91, showing increasing short positioning.
That creates a dangerous setup for bears: if BULLA keeps pushing higher, another short squeeze could accelerate the move.
But with this level of volatility, chasing the pump carries serious risk.
Key levels from the chart: Support: $0.12–$0.13 Resistance: $0.14–$0.15
BULLA is now a battle between rising OI, aggressive momentum and increasing shorts.
Watch the squeeze.
#FedRateWatch #ZcashHoldersBackNU7Upgrade #ZcashHoldersBackNU7Upgrade
