BULL: Webull prepares for a new rallyWebull CorporationBATS:BULLTotoshkaTradesBULL An ascending structure has formed on the chart after a prolonged downtrend. The price broke out of the long-term descending channel and transitioned into an upward corridor, after which the current correction began. The key test zone is the $6.87–7.13 range, where the ascending channel support, the 50% retracement level, and the 200-day moving average converge. Holding this zone allows the current pullback to be viewed as a corrective phase within a forming uptrend. Fundamental dynamics support the technical construction. In the second quarter of 2026, Webull reported record revenue of $198.8 million, up 51% year over year. GAAP net income came in at $24.4 million, while adjusted net income reached $43.2 million. Adjusted operating income rose to $62.6 million, with a margin of 31.5%. Client assets increased to $28.5 billion, funded accounts reached 5.13 million, equity trading volume grew 73%, and options volume grew 68%. An additional driver remains the scaling of the technology platform. Webull is developing AI functionality through Vega Analyst, expanding analysis and trading decision tools within its own ecosystem. At the same time, the company continues its international expansion: in August, it completed the acquisition of a controlling stake in Thailand's Pi Securities, expanding Webull's presence in the Southeast Asian market. The current correction is accompanied by a decline in trading activity relative to the most volume-heavy sections of the previous impulse. This may indicate weakening seller pressure near the support zone, although volume alone does not reliably determine the composition of market participants or confirm the absence of institutional selling. Registered insider transactions also do not provide grounds to attribute the current move solely to management selling. The primary technical scenario remains holding the $6.87–7.13 zone with subsequent recovery of the upward movement. The first key resistance is $10.50. A confirmed close above it could open space toward the next targets of $13.48 and $18.92. On the other hand, a sustained move below the confluence zone and the 200-day moving average would signal a weakening of the current structure and require a revision of the scenario. Thus, BULL is at a point where a technical correction coincides with a noticeable improvement in operating performance. For the upward structure to continue, the market needs to confirm holding $6.87–7.13, after which the main test becomes $10.50. This publication is for analytical purposes only and does not constitute individual investment advice. Technical levels are scenarios, not guarantees of price movement.