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【$BLESS Signal】1H level short squeeze breakout, funding rate pushes higher
$BLESS The 1H level price has broken above the Bollinger upper band at 0.0146, MACD fast and slow lines are opening upward, and the histogram continues to expand. The order book buy depth is 2.12 times the sell depth, and the funding rate of 0.0698% provides sustained upward momentum. Under this structure, the short covering pressure is accumulating.
Current price at 0.0143, go long directly, with a stop below 0.014092. First target at 0.014863, second target at 0.015120.
🛡️Trading management: - Execution strategy: halve the position at Target 1, move stop-loss to cost. If the price retraces into the entry zone, exit unconditionally.
The 1H EMA20 and EMA50 are in a standard bullish alignment, with the price consistently above the moving averages. Although RSI approaches 70, under the dual influence of strong buying and positive funding rate, indicator fatigue is normal. Stable open interest indicates this is not just spot manipulation; contract funds are continuously following. The current risk-reward ratio exceeds 2, making it worthwhile to use a smaller stop-loss to seek inertia-driven upward movement.
Check real-time quotes 👇 $BLESS
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