【$BLESS Signal】Short squeeze structure established, main force's support intention exposed

$BLESS 4H timeframe price has broken out of the Bollinger upper band, RSI soared to 78.6, signs of buying pressure gap initially appear. But the 1H timeframe repeatedly tests around 0.0080, with very thick orders below at 0.00798-0.00799, fully exposing the capital support intention. MACD shows a bullish crossover, bullish momentum remains, but 1H volume is starting to shrink, chasing high has poor risk-reward ratio.

🎯Direction: Pullback to buy (place orders)

⚡Entry/Order placement: 0.006613 - 0.007965 range lower boundary lurking orders

🛑Stop loss: 0.006070

🚀Target 1: 0.008007

🚀Target 2: 0.008039

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect principal.

Order book depth shows buy orders accumulating, with a support wall below 0.00798 exceeding 500k USDT, selling pressure is quickly absorbed. Combined with positive funding rate and stable open interest, this is more like a healthy profit-taking rather than a trend reversal. Under this structure, chasing high directly involves greater risk than reward, but deep pullbacks are opportunities. The key support zone below has extremely thick orders, and the main force's cost of support is clearly visible.

View real-time market 👇 $BLESS
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