【$BULLA Signal】Short position + Cooling down after a sharp rise



$BULLA After a 116% violent surge, the price action has entered a cooling phase. Such a daily increase is usually accompanied by intense profit-taking and liquidity exhaustion, and the current market lacks healthy structural support.

🎯 Direction: Short position

The surge was driven by a spike in holdings and a simultaneous rise in price, indicating main force entry or short covering. However, the market psychology after this rapid increase is highly unstable, and chasing the high carries far greater risk than potential reward. The price needs time for chip turnover and structural rebuilding, and there is no clear low-risk entry point at the moment. Wait for the price to form a clear structure on a lower timeframe or for signs of selling pressure exhaustion.

Trade 👇 $BULLA
here
---

Follow me: Get more real-time analysis and insights into the crypto market!
#Gate广场创作者新春激励 #金价突破5500美元 #GateLive直播挖矿公测开启 #美联储利率维持不变
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)