【$BLESS Signal】Pullback to go long, 1H level funds clearly support the bottom

$BLESS The 1H level repeatedly tests around 0.018, buy-side depth imbalance reaches -54.66%, selling pressure is quickly absorbed. The middle band of the 4H Bollinger Bands at 0.0128 provides strong support, MACD histogram is contracting but still above zero. The 1H MACD shows a death cross downward, but the price has not followed with a deep decline, this divergence usually indicates the exhaustion of the bears.

Currently, the price is oscillating near the upper edge of the suggested entry zone 0.014228 - 0.018563, the risk-reward ratio of 0.44 is not optimal, but the fund support intention is fully exposed.

🎯Direction: Pullback to go long

⚡Entry: You can directly try a small position around the current price of 0.0180, or place a pending order at 0.0165.

🛑Stop loss: 0.010249

🚀Target 1: 0.022188

🚀Target 2: 0.026168

🛡️Trade management:
- Execution strategy: Reduce half of the position after reaching 0.022188, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.0185 and drops again, consider exiting and observing.

Order book sell orders are sparse, with thick orders in the 0.015-0.016 area below, forming a clear defensive position. The 1H EMA50 at 0.0157 roughly coincides with this area, increasing support effectiveness. Although the funding rate of 0.0283% indicates some overheating of the bulls, in Hot Coin, as long as the support is strong enough, a small positive funding rate can often drive more intense short squeezes. Stable OI also shows no large-scale chip outflow, and this pullback is more like a washout of floating positions.

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