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$BULLA Post-Pump Pullback: Volatility Still High
BULLA surged aggressively to 0.0246, then faced a sharp rejection and dropped back toward 0.016. Price is now attempting a bounce after the dump on the 1H chart.
๐ Market Structure Insight
Structure is currently bearish after the rejection. The move looks like a classic pump โ distribution phase with heavy selling pressure.
๐ก Key Insight:
After parabolic moves, pullbacks are often deep โ recovery needs strong reclaim to confirm strength.
๐ฏ Levels to Watch:
Support: 0.0160
Resistance: 0.0200
Holding support may allow a bounce continuation. Failure could lead to deeper downside. Reclaim above resistance would shift momentum.
Are you catching the bounce or avoiding post-pump volatility?