$BULLA : 3.2% Breakout With 1.8x Volume Signals Strong Continuation
My bias remains bullish as BULLA pushes higher from the latest higher low. The 3.2% move backed by 1.8x volume suggests genuine momentum, but with RSI at 80.8, chasing the current 0.01759 level looks risky.
The 1H and daily structures remain bullish and BTC is supporting the move, while the weekly structure is still bearish. That makes this a lower-timeframe continuation leg against the higher-timeframe trend, so I prefer patience over chasing.
Key upside levels: 0.01805 → 0.01877 → 0.01960
Preferred entry zone: 0.01685–0.01700, where previous supply has flipped into potential support and an imbalance remains. Ideally, I want a liquidity sweep around 0.01685 or 0.01657, followed by a bullish engulfing candle, pin bar, or 15M BOS before entry.
Protection should sit beyond the structure flip or latest swing low rather than inside the range.
Invalidation: A 1H close below 0.016067 would weaken the bullish setup and shift the bias bearish.
Educational analysis only, not financial advice.
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