Gain in one day exceeds 70%, but trading value is only 259 million—typical low-liquidity pump.
This K-line, $BULLA , has been pulled from 0.06 to 0.11. The amplitude is maxed out, but there’s no follow-through with volume. The key resistance is pinned at today’s high of 0.1391.
A sell-off on increased volume hasn’t appeared, nor has a rise on decreased volume been confirmed. Chasing here is basically betting on catching a falling knife. For the short term, first watch whether the 0.0600 low can hold. If it breaks, it’s confirmation of a trend reversal.
Set a stop loss at 0.0590 below; for now, aim to test a pullback toward 0.0950 where it might stabilize. More aggressive traders can look for a move above 0.1300.
Mark 0.1391 and 0.0600 on the K-line, and you’ll immediately know exactly which line price is on now.
#BULLA
This K-line, $BULLA , has been pulled from 0.06 to 0.11. The amplitude is maxed out, but there’s no follow-through with volume. The key resistance is pinned at today’s high of 0.1391.
A sell-off on increased volume hasn’t appeared, nor has a rise on decreased volume been confirmed. Chasing here is basically betting on catching a falling knife. For the short term, first watch whether the 0.0600 low can hold. If it breaks, it’s confirmation of a trend reversal.
Set a stop loss at 0.0590 below; for now, aim to test a pullback toward 0.0950 where it might stabilize. More aggressive traders can look for a move above 0.1300.
Mark 0.1391 and 0.0600 on the K-line, and you’ll immediately know exactly which line price is on now.
#BULLA