$BULLA looks strong at first glance, but the higher-timeframe picture is not that simple.
What stands out here is that volume is running about 8.0x its recent pace, the 1H move is +7.05%, and the last 15m is +6.70%. That gives the move real context instead of treating every candle as a signal.
The 15m setup is bearish, but the broader multi-timeframe bias is still bullish. I would treat this as a tactical setup, not a clean trend trade.
The area around $0.06003 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Which timeframe are you trusting on $BULLA here?
#BULLA #Trading
Trade plan: SHORT
Entry: $0.1094
SL: $0.13978
TP1: $0.06003
TP2: $0.04865
TP3: $0.01828
What stands out here is that volume is running about 8.0x its recent pace, the 1H move is +7.05%, and the last 15m is +6.70%. That gives the move real context instead of treating every candle as a signal.
The 15m setup is bearish, but the broader multi-timeframe bias is still bullish. I would treat this as a tactical setup, not a clean trend trade.
The area around $0.06003 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Which timeframe are you trusting on $BULLA here?
#BULLA #Trading
Trade plan: SHORT
Entry: $0.1094
SL: $0.13978
TP1: $0.06003
TP2: $0.04865
TP3: $0.01828
