$BULLA 5-minute decline of 9.06%, current price 0.04125. There are two possible scenarios:
① It stabilizes and moves back above the breakdown level → this was probably a shakeout
② The rebound lacks strength and it breaks below the 24-hour low of 0.03876 → the decline may continue
Personally, I’ll wait to see how the stabilization signals play out before drawing a conclusion. Are you bullish or bearish from here?
This is just an exchange of opinions; you’re responsible for your own gains and losses.
① It stabilizes and moves back above the breakdown level → this was probably a shakeout
② The rebound lacks strength and it breaks below the 24-hour low of 0.03876 → the decline may continue
Personally, I’ll wait to see how the stabilization signals play out before drawing a conclusion. Are you bullish or bearish from here?
This is just an exchange of opinions; you’re responsible for your own gains and losses.