【$BLESS Signal】Long: 4H momentum breakout, funds continue to push higher

$BLESS The upper band of the 4H Bollinger Bands at 0.0067 has been effectively broken through, and the current price of 0.00693 is above the upper band. The MACD histogram at 0.0003 continues to expand, indicating bullish momentum shows no signs of slowing. The 1H RSI is at 74.19, in overbought territory but not diverging, with buying actively absorbing selling pressure. Depth ratio is 0.99, with balanced buying and selling forces, no signs of distribution. Personally, I believe a short-term stop loss with a risk-reward ratio of 1.5 is worth targeting for an accelerated move.

🎯Direction: long

⚡Entry/Order: 0.00691420 - 0.00693500

🛑Stop loss: 0.00686565

🚀Target 1: 0.00703903

🚀Target 2: 0.00709104

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

Currently, there are consecutive bullish candles on the 4H chart, open interest is stable, and there are no signs of a massive sell-off. Be cautious if a long upper shadow appears on the 1H chart, as short-term profit-taking may occur, but the overall bullish structure remains intact.

Check real-time market 👇 $BLESS
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