CandleFocus

Solana Meme Coin BULLY Climbs to All-Time High Following Explosive 700% Weekly Run

Dolos The Bully (BULLY), a meme coin on the Solana blockchain, has reached a new all-time high, with a price increase of over 700% in the last week. The coin is currently trading at $0.23 and has seen a 72% surge in the last 24 hours. The volatility of BULLY has been increasing since November 20, indicating potential for both rallies and downturns. However, the coin's positive Sharpe Ratio suggests that it is likely to continue its upward trajectory. On the 4-hour chart, BULLY's price is above the 20-day Exponential Moving Average (EMA), indicating a bullish trend. The price may reach $0.30 if the trend continues, but it could drop below $0.16 if selling pressure increases.

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