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【$BLESS Signal】Long - Strong Breakout at 1H Level, Institutional Capital Continues Inflow
$BLESS At 1H level, a massive bullish candle with high volume just broke through, price reached new intraday high, momentum is extremely strong. 4H level has formed three consecutive bullish candles, confirming breakout from previous consolidation platform, trend turned bullish. Although 1-hour RSI has entered overbought zone, open interest remains stable, buy depth far exceeds sell depth, showing institutional capital is still actively intervening, short squeeze is playing out.
🎯Direction: Long
⚡Entry/Order: 0.005238 - 0.005373 (Patiently wait for price pullback to around 1-hour EMA20, this is the best entry point)
🛑Stop Loss: 0.005200 (Break below previous low and key support level, bullish structure invalidated)
🚀Target 1: 0.006065
🚀Target 2: 0.006411
🛡️Trade Management:
- Execution Strategy: After price reaches first target 0.006065, reduce position 50% to lock in profits, and move stop loss on remaining position to entry price. If price fails to hold above 0.00537 and drops back to entry zone, consider breakout failed and exit decisively.
( Deep Logic: Over the past 4 hours, trading volume exploded and price surged strongly, this is typical institutional capital push. Order book data shows buy side depth is 1.7x above sell side, support below is extremely solid. 1-hour RSI is high but no divergence appeared, stable open interest indicates not purely short covering but new long opening. Combined with positive funding rate, market bullish sentiment is strong, pullbacks are opportunities. )
View Real-time Chart 👇 $BLESS
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