【$BLESS Signal】Pullback to buy / Breakout to chase higher, 1H level momentum is strong

$BLESS 1H level RSI soared to 77.74, initial signs of buy-side order gap. The upper band of the 4H Bollinger Bands at 0.0141 has been broken through by consecutive bullish candles, with the price operating around 0.0175, far above the upper band. MACD across double timeframes shows bullish expansion, but the 1-hour histogram begins to flatten. Market depth imbalance at -7.91%, sell orders are noticeably sparse, revealing capital support intentions.

If the price pulls back to the 0.009419 - 0.017476 range lower boundary, it’s an excellent position for accumulation.

⚡Entry: Place a buy order near 0.009419.

🛑Stop loss: 0.007562.

🚀Target 1: 0.017600.

🚀Target 2: 0.017671.

🛡️Trade management: - Execute strategy: after reaching Target 1, halve the position, and move the remaining stop loss up to the entry price. If the price cannot stabilize above the entry zone’s upper boundary, actively exit and observe.

4-hour volume expands in a stepwise manner, with the last candle showing huge volume, but the close failed to hold the highest point, indicating selling pressure at high levels is beginning to emerge. The 20 EMA and 50 EMA on the 1-hour chart have formed a golden cross and opened upward, providing dynamic support. The current risk-reward ratio is highly attractive; the key is whether to wait for an ideal pullback entry point rather than chasing highs. The funding rate at 0.1043% is relatively high, increasing holding costs, so short-term trading requires quick execution.

Check real-time market 👇 $BLESS
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