【$BLESS Signal】Short squeeze pullback, sniper for secondary pulse

$BLESS 1H timeframe surged then consolidated at high levels; RSI skyrocketed to 84.31, and buying-side momentum shows a gap. The upper band of the 4H Bollinger Bands was pierced, and the price has moved far away from the moving average cluster. Order book depth is imbalanced at -7.18%, and active sell pressure begins to build.

If the price can find support at the lower end of the 0.010922 - 0.023136 range, this is an excellent opportunity for a second entry.

⚡Entry: Place buy orders around 0.010922.

🛑Stop loss: 0.008259; if it breaks, the long structure fails.

🚀Target 1: 0.016248, resistance zone near the previous high.

🚀Target 2: 0.018912, extension level of the previous high on the 4H timeframe.

🛡️Trade management: - Execute strategy: at Target 1, cut the position in half; move the remaining stop loss up to the entry price. If the price cannot hold above the entry area, exit proactively.

The 4H MACD histogram is still expanding, but on the 1H timeframe, price and volume show divergence, and the last 1-hour candlestick closed with a long upper wick. The funding rate is 0.071%, which isn’t extreme, but it has already provided fuel for a short squeeze. OI remains stable, showing that positions are not exiting at scale; the key is whether the support at 0.0117 (1H EMA50) can form an effective backstop. This path has a suitable risk-reward ratio, but the price needs to give you a comfortable “needle-finding” entry location.

Check the live market 👇 $BLESS
---
Follow me: Get more real-time analysis and insights into the crypto market!
#Gate13周年Dr.Han公开信 $BTC $ETH $SOL