BULLA's recent market trend is quite interesting, just like tender buds breaking through the soil in spring—after enduring the harsh winter, it is now gradually regaining vitality.
Some time ago, the price dropped to a low of $0.02831, with a 7-day decline of -30.15%, shattering many bullish traders' confidence. But what's interesting is that as the price dips lower, buying interest begins to flow in continuously, and the support strength remains quite steady. Starting from the bottom, the price gradually climbs up, reaching a high of $0.03203. Although it slightly retraced to $0.03081 afterward, it still closed the day with a 6.72% increase.
Looking at the trading volume makes it even clearer—24-hour trading volume exceeded 4.51 million USDT, with a total volume of 1.50 billion, and during the rebound, trading activity gradually and steadily increased. What does this indicate? It suggests that funds are quietly accumulating at low levels, and the previous bottom has now become the fertile ground for this rebound.
From an operational perspective, my advice is this: don’t rush to chase the high. It’s more prudent to wait for a pullback to the $0.02900-$0.03000 range before taking a small position. Relying on the recent key support levels is more reliable. If you enter the market, the first target is $0.03200, and the second target is $0.03300. If it can break through the previous high, then $0.03400 is not a dream. Set your stop-loss at $0.02850; once broken, the short-term upward momentum is likely to lose support.
Personally, I feel that this bottoming and warming of BULLA signals a tentative bullish counterattack. Although it has fallen -13.31% over 30 days and -45.96% over 90 days, indicating a medium-term weak market, there is good news—short-term downward momentum has clearly been diminishing. As long as $0.02850 holds, a light long position with a continued bullish outlook is entirely feasible.
For friends who prefer shorting, there’s no need to push aggressively at this stage. Coins gradually recovering from low levels are most vulnerable to rebound losses, and contrarian trading carries significant risks. For those going long, patience and waiting for an adjustment opportunity is the most reliable way to capture subsequent gains from a higher price.
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Token_Sherpa
· 01-09 10:53
ngl, the tokenomics here don't really check out for me... sustainable utility or just another velocity trap?
Reply0
WagmiAnon
· 01-09 10:53
Accumulating at low levels, waiting for the wind to come, BULLA this wave is an opportunity
To be honest, a 30% drop looks frightening, but the real retail investors have already been shaken out. Those who are entering now are the smart money
I still think it's better to wait a bit more at this price, and get in around 0.029 for a more stable entry
View OriginalReply0
SleepTrader
· 01-09 10:48
I've heard the logic of low-position absorption too many times. Can we really break through 0.034 this time?
Wait, your support level setting is a bit conservative, isn't it?
Bitcoin doesn't move, how can BULLA have an independent trend? Stop joking.
A rebound is a rebound, and you have to use metaphors like spring buds. People in the crypto circle are really romantic.
A trading volume of 4.51 million is called capital layout? Friend, you might have a biased understanding of trading volume.
I think this wave isn't that optimistic. A 45% drop in 90 days, can you look bullish with a small position? That's quite bold.
Let's wait until the 0.029 level. Chasing high now just makes you the bag holder.
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BearMarketSurvivor
· 01-09 10:46
Signs of bottom support are indeed present, but after a 30% decline, don't be fooled by the rebound—I've seen too many bottom rebounds mistaken for trend reversals. Still, keep a close eye on the critical level at 0.02850.
BULLA's recent market trend is quite interesting, just like tender buds breaking through the soil in spring—after enduring the harsh winter, it is now gradually regaining vitality.
Some time ago, the price dropped to a low of $0.02831, with a 7-day decline of -30.15%, shattering many bullish traders' confidence. But what's interesting is that as the price dips lower, buying interest begins to flow in continuously, and the support strength remains quite steady. Starting from the bottom, the price gradually climbs up, reaching a high of $0.03203. Although it slightly retraced to $0.03081 afterward, it still closed the day with a 6.72% increase.
Looking at the trading volume makes it even clearer—24-hour trading volume exceeded 4.51 million USDT, with a total volume of 1.50 billion, and during the rebound, trading activity gradually and steadily increased. What does this indicate? It suggests that funds are quietly accumulating at low levels, and the previous bottom has now become the fertile ground for this rebound.
From an operational perspective, my advice is this: don’t rush to chase the high. It’s more prudent to wait for a pullback to the $0.02900-$0.03000 range before taking a small position. Relying on the recent key support levels is more reliable. If you enter the market, the first target is $0.03200, and the second target is $0.03300. If it can break through the previous high, then $0.03400 is not a dream. Set your stop-loss at $0.02850; once broken, the short-term upward momentum is likely to lose support.
Personally, I feel that this bottoming and warming of BULLA signals a tentative bullish counterattack. Although it has fallen -13.31% over 30 days and -45.96% over 90 days, indicating a medium-term weak market, there is good news—short-term downward momentum has clearly been diminishing. As long as $0.02850 holds, a light long position with a continued bullish outlook is entirely feasible.
For friends who prefer shorting, there’s no need to push aggressively at this stage. Coins gradually recovering from low levels are most vulnerable to rebound losses, and contrarian trading carries significant risks. For those going long, patience and waiting for an adjustment opportunity is the most reliable way to capture subsequent gains from a higher price.