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.
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$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 👇