They're calling it a trap, but the 4h chart for $BULLA /USDT is screaming something else entirely.
$BULLA - LONG
Trade Plan:
Entry: 0.00660 – 0.00673
SL: 0.00585
TP1: 0.00727
TP2: 0.00767
TP3: 0.00828
Why this setup?
Daily trend is bearish, but the 4h setup shows a powerful LONG signal (95% confidence).
- Price is coiling at a key reference level (0.00666) after a downtrend.
- RSI on lower timeframes is neutral (45.01), showing the selling pressure has eased, priming for a reversal.
- The first major target (TP1) offers a ~9% move from entry. Why now? The market is mispricing the imminent counter-trend bounce.