$BULLA has captured the spotlight with a massive 238% surge, catapulting the price to $0.3945. This movement is backed by a significant $1.15M net taker buy volume, reflecting a period of intense "supply shock" where buyers are aggressively absorbing all available liquidity with virtually no sell-side resistance.
⭕️Technical Snapshot & Momentum
The current price action maintains a sharp structural uptrend, firmly holding above the EMA 25 ($0.309).
RSI (Relative Strength Index): Currently at 62.6. While bullish, it remains below the typical "overbought" threshold of 70, suggesting there is still room for upward movement before the trend becomes exhausted.
MACD: The positive histogram confirms that momentum is currently in favor of the bulls.
Key Resistance: The immediate psychological and technical hurdle sits at $0.452. A clean break above this could trigger a move into price discovery.
⭕️Whale Activity and the "Short Squeeze"
Data suggests a widening gap between institutional conviction and retail skepticism:
Long/Short Ratio: This has spiked to 4.33, a highly lopsided figure indicating that for every short position, there are more than four longs.
Institutional Buffers: "Long Whales" have increased their positions by 17% with an average entry of $0.262, providing them with a significant profit cushion to withstand minor pullbacks.
The Squeeze: Short sellers who entered near $0.331 are now underwater. Sustained trading above the $0.339 mark is likely forcing these positions to liquidate, which ironically acts as additional buying pressure, fueling the "squeeze" toward $0.45.
Critical Risks: Supply Concentration
Despite the bullish technicals, investors should remain cautious regarding the token's 98.44% supply concentration among the top 10 holders.
Warning: With nearly the entire supply controlled by a few wallets, the market is susceptible to extreme "flash" volatility. If a single large holder decides to take profits, the price could drop as rapidly as it rose.
♥️Updated Trading Strategy
Horizon Action Plan Key Levels
Short-term Momentum play on the breakout. Watch $0.41 for entry; Target $0.45.
Mid-term Accumulation on healthy retracements. Entry near $0.26 support; Monitor whale exit signals.
Long-term Speculative holding based on "Alpha" adoption. High risk due to centralization; depends on Binance Alpha
