๐จ BLESSUSDT.P โ BIG MOVE COMING? | 4H TECHNICAL ANALYSIS
$BLESS has experienced a significant rejection after its recent pump, dropping nearly 29%. But is this the beginning of another leg down, or an opportunity for a bullish reversal? ๐
๐ My Market Outlook:
Currently trading around $0.00897, BLESS is approaching an important decision zone.
๐ด Bearish Scenario:
Losing the $0.0080 support could trigger further downside.
Next major support: $0.00662.
A breakdown below this level could create additional selling pressure.
๐ข Bullish Scenario:
Holding above $0.0080 could allow buyers to regain control.
A strong 4H close above $0.0100โ$0.0105 may signal bullish momentum.
Potential upside targets: $0.0120 โ $0.0145.
๐ฏ Key Levels to Watch:
Current Price: $0.00897
Support: $0.0080
Major Support: $0.00662
Resistance: $0.0100โ$0.0105
Next Resistance: $0.0145
๐ฅ My Prediction: I'm watching for a potential retest of the $0.0080 support zone. If buyers defend this level and volume increases, we could see another recovery attempt.
However, a confirmed breakdown could send the price toward $0.00662.
โ ๏ธ Don't FOMO into the market. Wait for confirmation, manage your risk, and always use proper stop-loss levels.
What's your prediction? BLESS to $0.0145 or down to $0.0066? ๐
#BLESS #BLESSUSDT #CryptoAnalysis #BinanceSquare #Altcoins #TechnicalAnalysis #CryptoTrading
$BLESS has experienced a significant rejection after its recent pump, dropping nearly 29%. But is this the beginning of another leg down, or an opportunity for a bullish reversal? ๐
๐ My Market Outlook:
Currently trading around $0.00897, BLESS is approaching an important decision zone.
๐ด Bearish Scenario:
Losing the $0.0080 support could trigger further downside.
Next major support: $0.00662.
A breakdown below this level could create additional selling pressure.
๐ข Bullish Scenario:
Holding above $0.0080 could allow buyers to regain control.
A strong 4H close above $0.0100โ$0.0105 may signal bullish momentum.
Potential upside targets: $0.0120 โ $0.0145.
๐ฏ Key Levels to Watch:
Current Price: $0.00897
Support: $0.0080
Major Support: $0.00662
Resistance: $0.0100โ$0.0105
Next Resistance: $0.0145
๐ฅ My Prediction: I'm watching for a potential retest of the $0.0080 support zone. If buyers defend this level and volume increases, we could see another recovery attempt.
However, a confirmed breakdown could send the price toward $0.00662.
โ ๏ธ Don't FOMO into the market. Wait for confirmation, manage your risk, and always use proper stop-loss levels.
What's your prediction? BLESS to $0.0145 or down to $0.0066? ๐
#BLESS #BLESSUSDT #CryptoAnalysis #BinanceSquare #Altcoins #TechnicalAnalysis #CryptoTrading