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【$BLESS Signal】Pullback to buy, main force funds clearly intend to support
$BLESS After a surge on the 1H timeframe, a pullback occurs, with the price consolidating around 0.00694. The 4-hour Bollinger Bands are opening upward, and the price has broken above the upper band. The MACD double lines are continuously expanding above the zero line. The RSI on the 1-hour chart is near 75, indicating strong momentum, but caution is needed for short-term overheating. Market data shows heavy buy orders in the 0.00692 to 0.00690 range, forming a protective barrier for funds, with selling pressure quickly absorbed.
🎯Direction: Long
⚡Entry/Orders: Enter in batches within the 0.00657 - 0.00670 range
🛑Stop Loss: Below 0.00630
🚀Target 1: 0.00763
🚀Target 2: 0.00817
🛡️Trading Management:
- Execution Strategy: After the price hits the first target, reduce positions by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.00690 and turns downward, consider exiting early.
Position size remains stable, with no significant fund outflow during price rises, indicating strong support from the main force. The 20 EMA on the 1-hour chart around 0.0066 provides dynamic support, overlapping with dense buy zones. The current risk-reward ratio is close to 4:1, making risk manageable. This combination of order book depth and price resilience often signals a second upward move after a period of accumulation.
View real-time market 👇 $BLESS
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