【$BLESS Signal】Longs squeezed, pullback is an opportunity

$BLESS 4H level price has pushed out of the Bollinger Band upper track, RSI has surged to 82, and signs of a buying-order gap are beginning to show. The 1H level MACD momentum histogram has started to contract, but open interest remains stable; the funding rate is still positive, and the bears are passive.

🎯Direction: Pull back to go long

⚡Entry/Place orders: Within 0.006814 - 0.008500, prioritize setting up around 0.0075

🛑Stop loss: 0.006169

🚀Target 1: 0.008550

🚀Target 2: 0.008585

🛡️Trade management: - Execute the strategy: after reaching Target 1, reduce the position by 50%, and move the stop loss up to break-even. If the price falls back into the entry zone, exit automatically to protect principal.

Sell orders are clearly stacked above 0.00855, forming short-term resistance. But the 1-hour EMA20 at 0.0077 is the first line of defense, and the 4H MACD golden cross opening is still widening—indicating the bullish trend has not ended. This high-level sideways consolidation with shrinking volume looks more like digesting profit-taking rather than the main force distributing. Stable OI indicates that funds have not withdrawn on a large scale; in a positive funding-rate environment, short covering could become the fuel for the next push higher. The risk-reward ratio isn’t perfect, but Hot Coin’s volatility is enough to cover the risk.

Check the live market 👇 $BLESS
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