$BLESS is teetering above a critical support level, but buying momentum is severely lacking.


Prepare to short $BLESS immediately after a breakdown.

Entry: 0.00580 – 0.00585 ( breaks below 0.005855 )

Stop Loss: 0.00600

Target 1: 0.00508

Target 2: 0.00479

The price is consolidating above a key support level, but there is no interest from buyers to absorb the selling. The MFI indicator shows funds continuing to flow out, and the MACD has also formed a death cross, reflecting that bearish momentum is building. This weak rebound without volume is typically a continuation pattern for a decline; once the key support is broken, it could trigger a more intense sell-off.

Trading $BLESS is preparing to hunt 👇
BLESS25,86%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)