🚨 Watch out for rebounds after a sharp drop!
Coin $BLESS has fallen about 25% over the past 24 hours, after reaching a high of $0.013938. It has now returned to around $0.0093, close to its low of $0.008507.
📉 In my opinion, a price rebound alone isn’t enough after this kind of drop; what matters most is whether it can reclaim resistance levels and hold above them.
⚠️ But if the price falls back below the previous low, selling pressure and weakness could persist in the short term.
The market changes quickly, so keep an eye on key levels and don’t rush into a trade
Coin $BLESS has fallen about 25% over the past 24 hours, after reaching a high of $0.013938. It has now returned to around $0.0093, close to its low of $0.008507.
📉 In my opinion, a price rebound alone isn’t enough after this kind of drop; what matters most is whether it can reclaim resistance levels and hold above them.
⚠️ But if the price falls back below the previous low, selling pressure and weakness could persist in the short term.
The market changes quickly, so keep an eye on key levels and don’t rush into a trade
