Webull (BULL) 1DWebull CorporationBATS:BULLTotoshkaTradesWebull (BULL) is currently trading at a point where the company’s name feels almost ironic. The “bull” has been walking downhill for months, compressing inside a descending wedge, while investors wait for the earnings report on March 4, 2026 to decide whether this is capitulation or accumulation. Webull is a digital brokerage platform focused on retail traders. Revenue is primarily driven by options trading, margin interest, payment for order flow, market data services, and premium subscriptions. In simple terms: when retail traders are active and volatility is high, Webull performs well. When markets cool down, earnings become unpredictable. Recent quarterly results showed improvement. In Q3 2025, EPS came in at $0.07 versus expectations near $0.02. Revenue was approximately $156M compared to forecasts around $132M. That was a meaningful beat. However, trailing twelve-month profitability remains volatile. The company is transitioning from inconsistent losses toward operational stabilization, but it has not yet proven structural earnings durability. Strategically, Webull continues expanding its mobile trading ecosystem, strengthening options infrastructure, enhancing subscription analytics tools, and broadening international access. The focus is shifting from pure user acquisition to deeper monetization and retention. The question heading into earnings is simple: can improved margins persist in a less euphoric market environment? Technically, the chart shows a persistent downtrend: lower highs, lower lows, and a contracting descending wedge. Price is testing the 5.5–6.0 region - a historical support zone and potential accumulation area. The recent low around 5.47 marks the structural boundary. RSI is emerging from oversold territory and showing early bullish divergence. Momentum histogram is contracting. ADX suggests weakening trend strength. Importantly, volume at the recent lows does not reflect panic capitulation. That often signals exhaustion rather than acceleration. Key resistance levels sit at 7.96, 10.18, and 15.08. A strong earnings release could trigger short covering toward 8–10. A weak report, however, opens downside below 5.47. BULL is not priced as a growth darling. It is priced as a company under skepticism. And that is often where asymmetric opportunities begin. March 4 decides whether this wedge resolves upward - or confirms continuation.