$BULLA loses support as sellers press for a lower liquidity pocket 📉
$BULLA has broken below a prior support shelf, and the tape is now behaving like a controlled distribution move rather than a routine retracement. Price is trading beneath the failed floor, with each rebound meeting supply and fading into overhead resistance. The cited short-entry zone between 0.00740 and 0.00760 sits directly in the retest area, while 0.00710, 0.00685, and 0.00660 represent the next downside liquidity pockets. A reclaim above 0.00785 would invalidate the current bearish structure.
The retail read is usually too simplistic at this stage. A support break is not the story; the retest is. What matters is whether buyers can absorb the remaining supply and reclaim the level with authority. Right now, the order flow looks biased toward distribution, not accumulation. That suggests larger participants are likely using any bounce into the former support band to rotate out of inventory, leaving the market structurally vulnerable to mean reversion lower. If price cannot regain 0.00740–0.00760 with conviction, the path of least resistance remains down.
Entry: 0.00740 – 0.00760 🔻
Target: 0.00710 📉
Stop Loss: 0.00785 🛡️
Risk disclosure: This is not financial advice. Market conditions can change quickly, and every trade should be sized with disciplined risk management.
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