$BULLA: Those who missed the Earth Shot. 🤦
I had already told you to short $BULLA when it was on its peak. Lets see the insights...
The parabolic run for $BULLA reached a point of exhaustion at the $0.55 mark, hitting a critical overbought signal with an RSI of 82+. For technical traders, this was the definitive signal that the trend was overextended and a correction was imminent.
The Trade Analysis (10x Leverage):
Entry Point: $0.55 (ATH Resistance)
Market Move: -96% retracement to the $0.022 support zone.
Performance: A $100 position at 10x leverage resulted in a 960% ROI, effectively turning the initial margin into $1,060.
Same thing happened with $ZKP and i had mentioned it as well.
While meme coin volatility offers massive upside, the key to long-term profitability is identifying these exhaustion points. Moving from a $400M market cap to a deep correction demonstrates why discipline and momentum indicators are more reliable than hype.
Secure your profits and wait for the next high-probability setup.
#BULLA #cryptotrading #BinanceSquareFamily #TechnicalAnalysis #ShortSelling