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BLESS/USDT on the 4-hour timeframe shows a strong rebound, with the price around 0.009902, up 43.76%. After moving in a fairly prolonged downtrend, the price managed to bounce from the 0.00662 area and break through several short-term MAs/EMAs. This indicates that buying momentum is starting to return.
Volume also increased on the latest candle, confirming that the rise is occurring with market activity. MACD is beginning to strengthen and the histogram has turned positive again, providing a short-term bullish momentum signal.
However, caution is warranted because RSI is at 84.08, already entering the overbought zone. The price is also approaching the 0.0100–0.0104 resistance area, while the MA99 is around 0.01197, serving as higher resistance.
If it manages to break through 0.0104 with strong volume, the opportunity to reach 0.0120 is open. If it fails, the 0.0082–0.0076 area could become a retest zone.
Conclusion: strongly bullish, but don't FOMO. Wait for a valid breakout or a healthy pullback.
$BLESS