🚨 $BLESS +26% — DEAD CAT BOUNCE OR REAL REVERSAL?
$BLESS just exploded +26% on the 4H after a prolonged downtrend. Clean bounce off the 0.0045 area with strong expansion — but structure is still heavy overall.
Zoom out and you’ll see a clear series of lower highs and steady bleed. This push looks like a momentum spike from compressed lows rather than a confirmed trend shift.
Current price: 0.00589
Key reaction zone ahead: 0.0065 – 0.0074 (previous breakdown area / 24H high)
If this move stalls into that supply, sellers likely reload.
Short $BLESS
Entry: 0.0065 – 0.0072
SL: 0.0079
TP1: 0.0056
TP2: 0.0050
TP3: 0.0045
Acceptance above 0.008 with continuation volume = structure shift.
Failure inside resistance = continuation back toward range lows.
Late longs chase green candles.
Smart money waits for confirmation.
Let it show its hand first — momentum is strong, but trend hasn’t fully flipped yet. 🌊
