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【$BULLAUSDT】Key Level Breakthrough Battle
$BULLAUSDT 4-hour level shows volume and price rising together, breaking through the Bollinger Band midline, with stable open positions. However, the 1-hour MACD shows a death cross, and it's the weekend early morning liquidity drought period, making the sustainability of this volume questionable. The order book shows thick buy orders accumulating in the 0.0074-0.0075 range, making the main force's support intention too obvious. However, the sell wall above at 0.0076-0.0077 is equally heavy. Price is trapped between the 4-hour Bollinger upper band and the 1-hour EMA20, with bulls and bears in a standoff within a narrow range.
You can try a light long position near the current price of 0.0075, with a stop loss below 0.0072. First target at 0.0080, second target at 0.0083. Risk-reward ratio of 4:1, this trade's risk-reward structure has advantages in a volatile market. If price effectively holds above 0.0076, upside space opens up.
Check real-time market 👇 $BULLAUSDT
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