I noticed the BLESS alert—after 24h it’s up +25.67% to 0.01184, and with a continuation signal that indicates a pull-up surge of 60. The first push only happened about 2.5 hours ago. This stock clearly looks like it’s being driven by the rhythm of a KOL. Retail longs were stacked up to 6.0x by sheer multiples; it’s also climbed to #18 on the trending/heat board. Social sentiment really has picked up.

But honestly, the chart is a bit shaky. In the 1h timeframe it’s already retraced 8.3%, and OI is actually down 0.3%, which suggests the breakout move was played with existing capital, with no new money coming in to take the position. This is a classic prelude to a pump-and-dump—don’t let the gains make you go head over heels. 24h trading volume is 31.6M, while the circulating supply is only 18.4%. For a small-float stock like this, a single shout from a KOL can lift it to the sky, but when it drops, it comes down fast too.

On the technical side, 0.01200 is a key resistance. Most KOLs are calling for a breakout and then looking at 0.01350–0.01650, with a stop-loss set at 0.01100. The funding rate being +0.0087% means shorts get paid and longs pay—this is not a good signal. It suggests that “smart money” is borrowing the high level to short as a hedge. There are also a few shorts placing sell orders around 0.01146, targeting 0.01085. The battle at this zone is intense.

My view: don’t chase this move. The reason is simple—on the 1H timeframe it’s already down 8.3%, momentum is fading. Also, the retail long/short ratio of 6 to 1 is too extreme. Entering at this time is essentially helping KOLs raise the platform. If you really want to participate, wait for a pullback to the 0.01100–0.01120 range and see whether price can hold there. Only after a volume-backed stabilization should you try a small long. Place the stop-loss below 0.01085. Don’t get greedy with targets—around 0.01250 you should exit. At the current price of 0.01184, it’s neither here nor there, making the risk-reward the worst.

Contract sentiment also doesn’t support chasing longs. The funding rate is only slightly positive, but the direction still indicates the market is collecting from longs—meaning the market is already cooling down the long side. With a small circulating float, KOLs heavily concentrated in order flow, and retail multiples extremely high, these three conditions combine into a bloodiest short-term trading knife-edge—not a setup for stable compounding.

Data quick look: current price 0.01184 | 24h +25.67% | Volume ratio not disclosed | RSI not disclosed | Funding +0.0087%

Manage your position well—don’t let a single big bearish candle teach you the hard way.

—— 09:39 Market notes