BULLA's recent trend is quite interesting. From the 4-hour chart, the price has encountered significant selling pressure above, and the resistance level is quite strong. The buying support below is insufficient, and combined with the previously trapped positions still weighing on the market, it’s difficult for the main force to open up the situation at this price level. The current quote is 0.0704, and based on the market conditions, the probability of further decline is higher. If you agree with the bearish outlook, entering a market order might be a good choice.
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OnchainHolmes
· 01-05 07:52
The short position is indeed valid, and the resistance is really tough.
Overanalyzing the wording isn't as good as just following the main force to sell off.
I find the price level at 0.0704 uncomfortable; let's continue to look for a bottom.
There are a bunch of trapped positions, and any rebound is just a chance to escape.
There's really no room for operation in this wave; just stay on the sidelines.
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BearMarketLightning
· 01-03 11:08
Once again, the trapped chips are causing trouble; the main force probably isn't feeling great about this move either.
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FreeMinter
· 01-03 09:53
Another dead coin trapped and dead, short sellers, go ahead and take the hit.
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ILCollector
· 01-03 09:52
With such intense selling pressure and the trapped chips still firmly held down, there's really no room for upward movement.
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TokenomicsPolice
· 01-03 09:50
Shorts are indeed a bit aggressive, but the trapped positions are still there, and the rebound space may not be as big as expected.
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DecentralizeMe
· 01-03 09:49
With such strong selling pressure, the support levels below have all collapsed. This wave is definitely going to break the bottom.
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MainnetDelayedAgain
· 01-03 09:47
According to the database, BULLA is repeating last year's script again... At the price of 0.0704, how many days have passed since the last promised breakout?
The trapped chips continue to pressure the market, and the main force cannot open up the situation. I suggest this sentence be included in the Guinness World Records. Rest assured, it will eventually be achieved.
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GateUser-44a00d6c
· 01-03 09:45
With such strong selling pressure, I have been bearish for a long time. Continuing to move downward is no problem.
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BlockchainFoodie
· 01-03 09:33
ngl this bulla chart giving me weak foundations vibes... like trying to build a soufflé on unstable egg whites, you know? that support layer's basically nonexistent rn
BULLA's recent trend is quite interesting. From the 4-hour chart, the price has encountered significant selling pressure above, and the resistance level is quite strong. The buying support below is insufficient, and combined with the previously trapped positions still weighing on the market, it’s difficult for the main force to open up the situation at this price level. The current quote is 0.0704, and based on the market conditions, the probability of further decline is higher. If you agree with the bearish outlook, entering a market order might be a good choice.