BLESS SLIDES DEEP INTO SELLING PRESSURE šā ļø
The $BLESS price shattered the $0.01336 resistance and plummeted below the $0.01101 midārange, erasing the bullish order block that held since the last rally. Volume surged past $30āÆM, pushing the 24āhour RSI into the lowā20s and confirming accelerating downside momentum š.
At $0.009059 the coin is now testing the $0.008624 support zone, a level that has previously absorbed sell pressure. A decisive break would signal a structural breakdown, while a bounce could indicate a shortāterm corrective pullback. The marketās order flow shows increasing liquidity being taken out on the downside, suggesting the current move is more than a routine retracement.
Given the rapid price erosion and the thin buying interest near the support band, caution is warranted. Any hesitation around the $0.0086 area could expose $BLESS to deeper deficits, yet a firm hold might set the stage for a modest recovery toward the midārange zone š.
Levels to monitor:
Watching support around $0.0086
Structure suggests resistance near $0.0095
Mid range area: $0.0110
DYOR
Follow for Updates
#BLESS #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
The $BLESS price shattered the $0.01336 resistance and plummeted below the $0.01101 midārange, erasing the bullish order block that held since the last rally. Volume surged past $30āÆM, pushing the 24āhour RSI into the lowā20s and confirming accelerating downside momentum š.
At $0.009059 the coin is now testing the $0.008624 support zone, a level that has previously absorbed sell pressure. A decisive break would signal a structural breakdown, while a bounce could indicate a shortāterm corrective pullback. The marketās order flow shows increasing liquidity being taken out on the downside, suggesting the current move is more than a routine retracement.
Given the rapid price erosion and the thin buying interest near the support band, caution is warranted. Any hesitation around the $0.0086 area could expose $BLESS to deeper deficits, yet a firm hold might set the stage for a modest recovery toward the midārange zone š.
Levels to monitor:
Watching support around $0.0086
Structure suggests resistance near $0.0095
Mid range area: $0.0110
DYOR
Follow for Updates
#BLESS #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare