【$BULL Signal】Long | Healthy Pullback After Explosive Breakout

After a 22% surge on high volume, $BULL is performing a healthy pullback and chip rotation just above the key breakout level. The 4H chart shows a high-level flag pattern consolidation, with buy orders continuously absorbing selling pressure in the 0.0245-0.0250 range.

🎯 Direction: Long

🎯 Entry: 0.0255 - 0.0260

🛑 Stop Loss: 0.0242 ( Rigid stop loss, invalidates the structure if broken )

🚀 Target 1: 0.0288

🚀 Target 2: 0.0300

Core Logic: 1) Price Action: After a massive bullish candle breaks previous highs, the pullback remains within the 38.2% Fibonacci retracement level (~0.0249), indicating strong consolidation. 2) Order Book Depth: Buy orders are significantly thicker than sell orders, showing strong support below. 3) Data Validation: Despite a relatively high fee rate (0.0389%), open interest remains stable and Taker continues to buy, indicating genuine demand rather than pure fee arbitrage. 4) Market Psychology: No panic selling after the rally; selling pressure has been effectively absorbed, setting the stage for a second upward push. The critical support level is 0.0242; holding this level greatly increases the probability of moving higher.

Trade here 👇 $BULL

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