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$BLESS Signal】Empty Position + High-Level Distribution Risk
$BLESS After a violent surge, the price consolidates at a high level, showing clear signs of bullish momentum exhaustion and distribution.
🎯Direction: Empty Position (NoPosition)
Market Analysis: On the 4H chart, after forming a long upper shadow at 0.0074, the price retraced above the EMA20(0.0054), but the latest candlestick's buy ratio dropped to 0.47, indicating a sudden decline in buying enthusiasm. Depth imbalance is at -5.51%, with ask orders(Asks) significantly thicker than bid orders(Bids), indicating heavy selling pressure