Trading Plan Short $BLESS
$BLESS just lost the 1H EMA21 and is testing the lower Bollinger Band.
Entry: $0.009525-$0.009825
Stoploss: $0.010450
Targets: $0.009350 / $0.008700 / $0.007600
BLESS is breaking down from a range, with the 1H trend firmly bearish. Price sits well below EMA50, showing clear distribution. Taker sell volume dominates, while OI bleeds, indicating longs are getting squeezed or giving up. Funding remains neutral, but the contracting basis suggests perp demand is weakening against spot. A reclaim of $0.010227 invalidates this short setup.
Trade $BLESS here 👇
$BLESS just lost the 1H EMA21 and is testing the lower Bollinger Band.
Entry: $0.009525-$0.009825
Stoploss: $0.010450
Targets: $0.009350 / $0.008700 / $0.007600
BLESS is breaking down from a range, with the 1H trend firmly bearish. Price sits well below EMA50, showing clear distribution. Taker sell volume dominates, while OI bleeds, indicating longs are getting squeezed or giving up. Funding remains neutral, but the contracting basis suggests perp demand is weakening against spot. A reclaim of $0.010227 invalidates this short setup.
Trade $BLESS here 👇