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⚠️ $BULLA — Short Setup (Meme Coin Exhaustion)
After a +51% impulse move, BULLA is showing signs of momentum fatigue on the daily timeframe. Price action indicates potential rejection near resistance following an aggressive recovery from the 0.00453 base.
Key Observations:
• Rapid expansion followed by weakening follow-through
• Rejection wicks forming near local highs
• Momentum slowing after extended move
Current Price: 0.010966
24H Range: 0.006830 — 0.012360
Trade Plan (Short Bias):
• Entry: 0.01080 – 0.01130
• Stop Loss: 0.01250
• Take Profit Targets:
– TP1: 0.00950
– TP2: 0.00800
– TP3: 0.00650
Risk Management:
• Partial profit at TP1, move SL to breakeven
• Trail remaining position based on structure
• Suggested leverage: 5–8x max
This setup reflects a typical overextension scenario in high-volatility meme assets, where rapid upside is often followed by corrective phases.
Not financial advice. Manage risk accordingly.