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【$BLESS Signal】1H Resistance Encountered, Sniping from Above
$BLESS 1H level surge then pullback, Bollinger upper band around 0.0279 shows selling pressure, price quickly retraced from 0.0271 to 0.0229.
Buy depth imbalance -20.22%, active sell orders increasing.
MACD double-cycle histogram bars are contracting, bullish momentum weakening.
Current price around 0.0229, go short directly, stop loss above 0.0255.
First target at 0.0163, second target at 0.0116.
🛑Stop loss: 0.0255
🚀Target 1: 0.0163
🚀Target 2: 0.0116
🛡️Trade management: - Execute strategy: reduce half position after reaching 0.0163, move remaining stop loss to entry price.
If price rebounds and breaks through 0.0235, consider exiting early.
Four-hour volume expansion with long upper shadow, chips loosen significantly around 0.027 area.
One-hour chart shows continuous shrinking buy orders, funding rate at 0.083% remains high, indicating potential for a pullback.
Open interest is stable but price is stagnating, initial divergence forming.
This position offers a favorable risk-reward ratio, but caution is needed for the typical rebound of hot coins.
Check real-time market 👇 $BLESS
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