【$BLESS Signal】Bullish breakout above the 4H Bollinger Band upper band, funding rate is relatively high but buying pressure remains strong

$BLESS RSI on the 1H chart surged to 78, 4H MACD bars continue to expand. Price has broken through the 4H Bollinger Band upper band at 0.0110, current price at 0.011983 with buy depth only at 0.53, sellers' orders are slightly dominant but trading volume has significantly increased. The funding rate at 0.0478% is relatively high, open interest remains stable, and the bulls are not overly crowded. Current risk-reward ratio is 1.5, short-term chasing longs should be cautious of a pullback at high levels, but momentum has not faded.
🎯Direction: long
⚡Entry/Order: 0.01194705 - 0.01198300
🛑Stop loss: 0.01186317
🚀Target 1: 0.01216274
🚀Target 2: 0.01225262
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.
Depth logic: 1H MACD remains bullish with a golden cross, bullish momentum is still being released. Market depth shows seller pressure but is being absorbed by large orders, short-term support remains decent. The relatively high funding rate indicates increased cost for longs; if open interest decreases later, be alert for profit-taking. Maintain discipline and execute according to plan.
Check real-time market 👇 $BLESS
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我的Gate交易时刻 #Gate直通韩股股票 #预测世界杯法国VS伊拉克