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【$BULLA Signal】1H breaks above the Bollinger upper band + buy-depth support, go long with the trend
$BULLA RSI 1h jumps to 79.51, 4h MACD histogram continues expanding, and price holds above 0.0145. In the order book, buy-side share is 12.84%, with active buying steadily piling volume.
🎯 Direction: long
⚡ Entry / pending orders: 0.01445949 - 0.01450300
🛑 Stop loss: 0.01435797
🚀 Target 1: 0.01472055
🚀 Target 2: 0.01482932
🛡️ Trade management: - Execute strategy: after reaching Target 1, cut position by 50%, and move the stop loss up to break-even. If price falls back to the entry level, automatically exit to protect principal.
Funding rate 0.083% is on the high side, but the price is holding strong, strengthening the bullish squeeze/short-covering expectation. The 4h Bollinger upper band at 0.0142 has been broken, opening up upside room. Although RSI is overbought, during a volume-expansion breakout phase it’s not advisable to fade and guess the top against the trend. Go along with the move for a risk-reward ratio of 1.5, and it’s worth participating.
View real-time market 👇 $BULLA
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