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$BLESS Signal | Bullish acceleration: 1H RSI overbought zone short squeeze continues
$BLESS RSI 1H soared to 90.19, 4H Bollinger Band upper band at 0.0060 has been consecutively broken by solid candles, MACD histogram at 0.0002 and still expanding. Market depth imbalance -12.03%, sell orders are sparse, buy orders concentrated around 0.00627. Funding rate at 0.005% is neutral and slightly low, open interest remains stable indicating that existing funds have not withdrawn. Under this structure, chasing high has a typical risk-reward ratio, but momentum inertia is strong enough for short-term funds to continue pushing higher.
🎯Direction: Long
⚡Entry/Order: 0.00658319 - 0.00660300
🛑Stop loss: 0.00627285
🚀Target 1: 0.00709823
🚀Target 2: 0.00734584
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect principal.
A small bearish candle correction after continuous volume increase on the 4H chart is a normal adjustment, the 1H buy ratio of 0.48 has not significantly worsened, there is a divergence between bulls and bears but the bulls still control the market. The key support at 0.00627 corresponds to EMA20_1h; breaking this level indicates short-term weakening, but holding within the stop-loss range is acceptable.
View real-time market 👇 $BLESS
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