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【$BLESS Signal】Long - 1H strong breakout, main capital continues to flow in
$BLESS on the 1-hour chart, just experienced a massive bullish breakout on high volume, with the price reaching a intraday high, indicating extremely strong momentum. The 4-hour chart has formed three consecutive bullish candles, confirming a breakout of the previous consolidation range, and the trend has shifted to bullish. Although the 1-hour RSI has entered the overbought zone, open interest remains stable, and the buy order depth significantly exceeds the sell order depth, showing that institutional capital is still actively participating, and a short squeeze is underway.
🎯 Direction: Long
⚡ Entry/Order Zone: 0.005238 - 0.005373 (patience is advised, wait for the price to pull back to near the 1-hour EMA20, which is the optimal entry point)
🛑 Stop Loss: 0.005200 (a break below the previous low and key support level invalidates the bullish structure)
🚀 Target 1: 0.006065
🚀 Target 2: 0.006411
🛡️ Trade Management:
- Execution Strategy: Once the price reaches the first target of 0.006065, reduce the position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price fails to hold above 0.00537 and falls back into the entry zone, consider the breakout failed and exit decisively.
( Deep Logic: Over the past four hours, trading volume has exploded, and the price has surged strongly, which is typical of institutional capital pushing the market. The order book shows buy order depth is more than 1.7 times the sell order depth, with very solid support below. Although the 1-hour RSI is high, no divergence has appeared, and the stable open interest indicates that new long positions are being opened rather than just short covering. Coupled with a positive funding rate, market sentiment remains strongly bullish, and pullbacks should be viewed as buying opportunities. )
View real-time market 👇 $BLESS
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