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$BULL has experienced a decline and is now showing signs of a rebound. The price has found support around $8.00, indicating a short-term relief rally.
Key points:
• Support zone: $7.80–$8.00 (this range is very important and needs to hold)
• Recent resistance: $8.60–$9.00 (first target zone for the rebound)
• Stronger resistance zone: $9.75–$10.00 (if a breakout occurs, this is a significant threshold)
The current trend is still in the recovery phase. How far it can rebound depends on whether these key levels can be effectively broken. Keep an eye on the $8.00 support in the short term; a break below could mean further downside.