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【$BLESS Signal】Pullback to buy, capital support exposure revealed
$BLESS After a rally on the 1H timeframe, a pullback occurs. The buy order depth around 0.00555 is stacked very thickly, fully exposing the capital support intention. The 4-hour MACD histogram remains above the zero line, open interest is stable, and there is no sign of large-scale capital withdrawal.
🎯Direction: Long
⚡Entry/Order: Layered placement in the 0.00530 - 0.00537 range
🛑Stop Loss: Below 0.00530
🚀Target 1: 0.005665
🚀Target 2: 0.005811
🛡️Trade Management:
- Execution Strategy: After reaching the first target, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.00555 and falls below the entry zone again, abandon this trade.
Order book data shows that the buy wall from 0.00555 to 0.00556 is much thicker than the sell orders above, quickly absorbing selling pressure. The 1-hour RSI has fallen from high levels to a healthy zone, providing room for another upward move. Combined with stable open interest and positive funding rates, market sentiment leans toward bullish accumulation rather than pushing up to sell off. Under this structure, the risk-reward ratio exceeds 4:1, making it worthwhile to use a small stop loss to attempt an upward impulse.
Check real-time market 👇 $BLESS
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