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【$BLESS Signal】Pullback to buy, 1H level funds clearly support
$BLESS 1H level surge and pullback, but EMA20 forms the first line of defense at 0.0193, buy order depth is unusually thick around 0.0176. The 4H MACD histogram is still expanding, but the price has retreated from the Bollinger upper band, which is a typical profit-taking and rotation process. Market data shows sell orders stacking up, but the active selling volume is limited, more like clearing out floating positions.
The current price is oscillating around 0.0238, chasing high directly offers poor risk-reward. A better strategy is to wait for a deep pullback and enter during market panic.
🎯Direction: Pullback to go long (place orders)
⚡Entry/Order placement: Lurk near the lower boundary of the 0.013327 - 0.023544 range, it is recommended to start placing staggered orders around 0.0160.
🛑Stop loss: 0.009452
🚀Target 1: 0.023702
🚀Target 2: 0.023797
🛡️Trade management: - Execute strategy: After the price reaches 0.023702, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.0200, consider exiting early.
The 4H EMA50 at 0.0095 is far from the current price, unlikely to be reached in the short term, but provides strong long-term psychological support. The 1H volume shrinks during price declines, indicating selling pressure is not continuous. The funding rate at 0.0859% is relatively high but not at extreme short-squeeze levels, and stable OI suggests longs are not fleeing en masse. Under this structure, a sharp decline is actually an opportunity. The risk-reward ratio at current order levels is highly attractive.
Check real-time market 👇 $BLESS
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