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Nice rebound $BLESS
Long Setup (Scalp on Retracement)
Idea: The trend is aggressively bullish, but entering at the absolute top is a classic trap. Wait for a sharp flush to cool down the indicators before catching a bounce.
Entry Zone: $0.00960 - $0.01000 (scaling around the 1H EMA 7 at $0.009973).
Target: $0.01080, then a push toward $0.01150 if momentum explodes again.
Stop Loss: Below $0.00930 (breaking below the previous local breakout candle).
Short Setup (The Overextended Rejection)
Idea: High-leverage risk. An RSI hovering near 90 on a 1H chart is rarely sustainable without a healthy pullback. Look to catch an aggressive counter-trend scalp if it fails to break the high.
Entry Zone: $0.01065 - $0.01085 (shorting the resistance test near the 24h high).
Target: $0.01000 (EMA 7), then a deeper correction to $0.00900 (EMA 25).
Stop Loss: Above $0.01110 (if it clears the high and flies, cut it immediately).