#BULLA 5m Update: Overextended? Time for a Pullback! đđŻ
$BULLA has had an insane run today, up over 65%! However, looking at the 5-minute chart, price is starting to stall near the 24h high. After a massive pump like this, a short-term correction is very common.
If the bears step in here, we have a great Risk/Reward short setup. Here is the plan:
đŽ Direction: Short
đ Entry: ~0.14678
đŻ Take Profit 1: 0.14150
đŻ Take Profit 2: 0.13620
đŻ Take Profit 3: 0.13094
đ Stop Loss: 0.15067
â ïž Pro Tip: The Risk/Reward here is an excellent 1:4. Because this is an early-stage crypto with high volatility, once TP1 hits, always move your Stop Loss to your entry price to make the trade risk-free! đĄïž
Are you trying to short this top, or are you still holding long? Let me know below! đ
#BULLA #cryptotrading #writetoearn
$BULLA has had an insane run today, up over 65%! However, looking at the 5-minute chart, price is starting to stall near the 24h high. After a massive pump like this, a short-term correction is very common.
If the bears step in here, we have a great Risk/Reward short setup. Here is the plan:
đŽ Direction: Short
đ Entry: ~0.14678
đŻ Take Profit 1: 0.14150
đŻ Take Profit 2: 0.13620
đŻ Take Profit 3: 0.13094
đ Stop Loss: 0.15067
â ïž Pro Tip: The Risk/Reward here is an excellent 1:4. Because this is an early-stage crypto with high volatility, once TP1 hits, always move your Stop Loss to your entry price to make the trade risk-free! đĄïž
Are you trying to short this top, or are you still holding long? Let me know below! đ
#BULLA #cryptotrading #writetoearn
