⚠️ $BULLA DEAD CAT BOUNCE! +44% pump but STUCK MILES BELOW key moving averages.
SHORT this rally into heavy resistance:
• Entry Zone: $0.0280 - $0.0290 (Below the massive EMA wall)
• TP1: $0.0250 | TP2: $0.0220 | TP3: $0.0200
• Stop-Loss: $0.0305 (Above local resistance and the 24h high)
Logic: This is a classic bear market rally (sucker's rally). Price is pumping from extreme lows but is still vastly below all meaningful resistance. The high ask dominance confirms sellers are waiting. Target a retest of the lows as the downtrend resumes.
FOMO buying or shorting the bounce? The chart structure is overwhelmingly bearish. 🔻