The initial upward momentum has been exhausted, and sellers are exerting pressure near a key resistance level, causing short-term momentum to shift clearly downward. As the original signal fails and the price is suppressed below the short-term moving average, the downward path becomes smoother. As long as selling activity remains active, further declines are expected.
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$BLESS Original bullish signal has failed, selling pressure is beginning to dominate.
Go short now $BLESS
Entry: 0.00590 – 0.00594
Stop loss: 0.00606
Target 1: 0.00585
Target 2: 0.00530
Target 3: 0.00508
The initial upward momentum has been exhausted, and sellers are exerting pressure near a key resistance level, causing short-term momentum to shift clearly downward. As the original signal fails and the price is suppressed below the short-term moving average, the downward path becomes smoother. As long as selling activity remains active, further declines are expected.
Trade $BLESS here 👇