Retail Traders Bet This $BULL (Webull) Will Run

Robinhood outlined its next steps in the crypto arms race, sending its shares to a new all-time high. Other crypto-linked stocks, like Coinbase, have also soared recently, while laggards like SoFi Technologies have risen to 3.5-year highs.

With this theme roaring, the Stocktwits community is making a bet that Webull ($BULL) will play catch-up. Since mid-June, prices have stabilized, and Stocktwits sentiment and message volume have improved materially. Sentiment is now ‘extremely bullish,’ sitting at its highest level of its post-IPO period.

From a technical perspective, shares closed at a one-month high, indicating they’re regaining momentum. This, combined with improving sentiment, has the Stocktwits community focused on this stock in the coming weeks.

To watch how this setup develops, add $BULL to your Stocktwits watchlist. And to monitor these types of setups in real time for yourself, subscribe to Stocktwits Edge to unlock all the historical sentiment data for equities and crypto.

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