$BULLA Short setup: the new high got rejected, the inducement below is the target

🔮 Short setup

Sell: 0.1141
SL: 0.12085
Target: 0.1006
R:R 1:2

BULLA ran 74% off the low in about 3 days and is on the gainers list with 62% on the day. 0.1006 is the bottom of that 29% pullback and price has not been back to it since. BULLA could not hold the break above 0.1141. Price is just above it again and the inducement at 0.1006 is untouched. In at 0.1141, out at 0.12085 if I'm wrong, 0.1006 if the inducement gets taken. That works out to 1:2.

📊 Overview
Market cap: 45.3M USD (+60.9% in 24h)
24h volume: 4.01M USD
Circulating supply: 397.90M of 1.00B (40%)
Top 10 holders hold 57.2% of the supply (burn / dead wallets excluded)

#BULLA #FuturesTrading #TradeSetup