🔥 Taking a look at $BULLA right now – it's hanging out in this consolidation phase, but with a pretty clear bullish lean if you ask me.
Volume-wise, from the k-line data, there were some big spikes when it was pumping hard earlier. Lately though, during this little pullback, volume's been dropping off, which feels like classic bullish consolidation to me – no one's selling like crazy, and the dip doesn't have much oomph behind it. That last 1-hour candle? Super low volume, so yeah, not much pressure from sellers at these levels.
On the capital side, net flows for contracts are looking solid positive over the bigger timeframes – +340,820 in 12H, +390,576 over 24H, and even +180,637 across 7 days. The 1H is dipping negative at -7,583, probably some quick profit-taking, but check this: the super short-term stuff like 5m, 15m, and 30m are all in the green. That tells me fresh money's coming back in for longs, which could spark a rebound soon.
Bottom line, I'm feeling cautiously long on $BULLA
For jumping in: I'd eye an entry close to that key support at 0.0436 USDT (Support), or wait for a solid 1h close above the MA5 around 0.0462 USDT to confirm the momentum's flipping back up.
Stop loss: Stick it at 0.0419 USDT (next support s2), which is about 3.7% below if you're entering near support S1 – just to guard against any real breakdown.
Targets $BULLA : First aim for Resistance at 0.04846 USDT, that could bag around 11% from support S1. If it punches through, next resistance at 0.05164 USDT might be next.
What do you guys think? Anyone else spotting this setup or got a different read?
#BULLA #Bullausdt