$BULLA
Up about +62.1% in a day, with open interest up about 98%—don’t chase at the current price; wait for a pullback.
Current price: about 0.1144; open interest is up about 98%, and funds are still flowing in. Funding rate: about +0.005%.
Direction: The move has been too sharp. Don’t chase at the current price; wait for a pullback before considering an entry.
Aggressive: Try a small long near 0.100 on a pullback, with a stop-loss at 0.092 (about −8.0%) and an initial target of 0.120.
Conservative: Wait for momentum to fade around 0.090 before entering, with a stop-loss at 0.082 (about −8.9%) and a target around 0.105.
Will 0.100 be reached first, or 0.130?
Disclaimer: This analysis is for reference only and does not constitute investment advice!
#BULLA #FuturesHeat
Up about +62.1% in a day, with open interest up about 98%—don’t chase at the current price; wait for a pullback.
Current price: about 0.1144; open interest is up about 98%, and funds are still flowing in. Funding rate: about +0.005%.
Direction: The move has been too sharp. Don’t chase at the current price; wait for a pullback before considering an entry.
Aggressive: Try a small long near 0.100 on a pullback, with a stop-loss at 0.092 (about −8.0%) and an initial target of 0.120.
Conservative: Wait for momentum to fade around 0.090 before entering, with a stop-loss at 0.082 (about −8.9%) and a target around 0.105.
Will 0.100 be reached first, or 0.130?
Disclaimer: This analysis is for reference only and does not constitute investment advice!
#BULLA #FuturesHeat