Everyone is staring at the wrong resistance for $BULLA /USDT.
$BULLA - SHORT 📉
Trade Plan:
Entry: 0.007162 – 0.007206
SL: 0.007392
TP1: 0.007028
TP2: 0.006924
TP3: 0.006768
Why this setup?
While the 1D trend is aggressively bearish (95% confidence), the real trap is the 4h structure. RSI on the 15m is already at 35.18—oversold in a downtrend means a dead cat bounce, not a reversal. The ATR of 0.00019 on the 1h confirms a low volatility squeeze; breakdowns happen fast here. Entry at 0.007184 with TP1 at 0.007028 is a 2.2% drop before any real volume shows up.
Debate:
Do you think the dead cat bounce will fake out shorts before hitting TP2 at 0.006924?
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