Bulla price prediction discussions have intensified after BULLA jumped 87.74% in 24 hours, trading near $0.0604 with a market cap of roughly $60.11 million, according to Coinglass data. The m
Bulla price prediction discussions have intensified after BULLA jumped 87.74% in 24 hours, trading near $0.0604 with a market cap of roughly $60.11 million, according to Coinglass data.
The move comes just a day after Websea announced on X that it was opening perpetual trading for $BULLA on September 4, 2026, at 10:00 UTC, offering long and short positions with flexible leverage.
That $BULLA listing news, combined with a wave of forced short covering on Binance derivatives, appears to be the immediate driver behind the spike.
The rally looks less like fresh buying and more like a squeeze on leveraged shorts. Coinglass liquidation data shows $1.39 million in short positions wiped out over 24 hours versus just $177,260 in longs, an imbalance that holds across the 1-hour, 4-hour, and 12-hour windows too.
Binance's account-based long/short ratio sits at 0.8751, showing more accounts positioned short, even as the top-trader positions ratio at 1.0489 shows larger traders leaning slightly long.
That mixed positioning, paired with the Websea listing, set up the squeeze.
Coinglass data shows BULLA's open interest spiked to an all-time high near $37.4 million before easing to about $26.14 million as price kept climbing, suggesting most leveraged shorts have already been squeezed out rather than fresh demand building up.
Futures volume stays concentrated on Binance at roughly $127.40 million, with Aster and Gate adding $18.91 million and $8.37 million.
Bulla's technical analysis picture signals a market in transition: Coinglass data shows BULLA 317.01% increase over 30 days
1.25K% over 90 days and 145.66% over 180 days, though still down 4.22% over one year and 28.45% since its all-time high, with a 34.84% year-to-date gain.
BULLA's weekly TradingView chart shows consolidation near $0.004046, a rising channel into $0.024641, and a large green candle breaking out past $0.048059 to reach the current $0.061008 level.
With RSI(14) at 80.43, confirming overbought conditions on this move.
Holding above $0.048059 with sustained buying pressure could open $0.086690, $0.129219, and $0.160435 on the upside, while a fade brings $0.048059, $0.024641, and $0.004046 back into play as support.
For this Bulla price prediction to hold any structural relevance, the immediate zone to watch on the upside sits near $0.0867, the next resistance area flagged.
A confirmed close above that zone could open a path toward the $0.1292 and $0.1604 zones marked on the same chart, though both remain below BULLA's prior 2026 highs.
On the downside, if the short squeeze loses steam, the $0.0481 zone is the first support to watch, with $0.0246 as a deeper cushion at the base of the ascending channel.
None of these levels are guaranteed, and the overbought RSI raises the odds of a sharp pullback before any continuation higher.
As per the CoinGabbar analyst desk, a rally built on a listing catalyst and heavy short liquidation tends to be more mechanical than fundamentals-driven, and moves of this speed on a token with such a concentrated holder base typically bring sharp two-way volatility rather than a smooth continuation.
Key Risks and Levels to Watch
Beyond price action, Bulla's on-chain structure carries notable risk. BscScan holder data shows the top 100 wallets control 98.90% of circulating supply, with just four wallets classified as whales accounting for 86.68% of market cap despite making up under 0.01% of all holders.
A Gini Distribution Score of 0.9998, along with 19 wallets each holding at least 1% of total supply, points to unusually concentrated whale activity, meaning a small number of large holders retain outsized influence over future price swings.
This kind of holder concentration is common across small-cap tokens in the broader altcoin market, but it does raise the risk of sudden volatility if any of these large wallets move supply.
Traders should also keep watching open interest, which is still adjusting rapidly after its recent spike and pullback.
Bulla's surge over the past 24 hours combines a fresh perpetual listing catalyst from Websea, an aggressive short squeeze on Binance derivatives, and a technical breakout above a multi-month base.
Whether the move holds now depends on whether buyers can absorb profit-taking near overhead resistance while the market digests an extremely overbought RSI reading and a highly concentrated holder base.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile, and readers should conduct their own research before making any investment decisions.
