BULLA just delivered a monster +120% daily candle, rocketing parabolically from the $0.034 base straight into the $0.074 area on insane volume and short-squeeze energy. RSI is kissing ~80 (deeply overbought), vertical green candles are stacking with decreasing body size near the top, and late buyers are piling in on FOMO — classic exhaustion setup.
While the broader trend remains bullish, this leg is pure attention-driven hype rather than fresh organic accumulation. Explosive expansions like this almost always lead to sharp cooling / mean-reversion rather than immediate continuation — especially when price hits a clean resistance band and fails to close convincingly above it.
Current action around $0.074 shows early signs of rejection (long upper wicks, slowing momentum). As long as $0.080–0.082 continues to cap price with no strong breakout volume, sellers should take over and drive a healthy pullback toward prior liquidity zones at $0.066 → $0.058 → $0.048.
High-vol micro-cap / meme-style play — expect whipsaws and possible short squeezes, so size small and be ready to exit fast if it breaks and holds above 0.081 with conviction.
SOL just swept liquidity below the recent range low, taking out stops and weak hands, but buyers stepped in HARD — price reclaimed the zone quickly with strong volume absorption on the lows. This classic fakeout/liquidity grab followed by fast recovery is a textbook sign of strong underlying demand, not a true breakdown.
The pullback now looks purely corrective within the broader uptrend: momentum indicators (RSI, MACD) are stabilizing and starting to curl higher again from oversold territory on lower timeframes, while price holds firmly above key dynamic supports (EMA20/50 on 4H). No fresh lower lows have been made, and selling pressure is drying up fast — classic setup for continuation higher as long as the base around 120–122 stays defended.
Structure remains bullish overall: as long as we hold above 116.8 (invalidating the setup), the path of least resistance points toward these layered targets — excellent R:R if SOL reclaims 125+ with conviction and volume. Watch for a strong green candle close above 125 to confirm the next impulsive leg up.