To be honest, $BLESS had quite the surge, but it hit the resistance level and fizzled out. Looking at the daily chart, this acceleration couldn’t hold, leaving behind a clear rejection signal.
The short-term trend is looking a bit risky; that high-level doji combined with increased volume indicates that the bears are starting to take action. Now that the price is retracing, if it can’t hold, we might see a pullback. However, the key is whether it can maintain the 0.0077 level.
But here’s the catch: if this support breaks, the downside opens up, and both TP1 and TP2 could be in play. The risk-reward for shorting looks decent, just set a stop-loss at a higher point.
Strategy:
Entry Price: 0.0077-0.0079
Stop Loss: 0.0084
Take Profit:
TP1: 0.0071,
TP2: 0.0067,
TP3: 0.0063,
#BLESS #做空信号 #Contract
The short-term trend is looking a bit risky; that high-level doji combined with increased volume indicates that the bears are starting to take action. Now that the price is retracing, if it can’t hold, we might see a pullback. However, the key is whether it can maintain the 0.0077 level.
But here’s the catch: if this support breaks, the downside opens up, and both TP1 and TP2 could be in play. The risk-reward for shorting looks decent, just set a stop-loss at a higher point.
Strategy:
Entry Price: 0.0077-0.0079
Stop Loss: 0.0084
Take Profit:
TP1: 0.0071,
TP2: 0.0067,
TP3: 0.0063,
#BLESS #做空信号 #Contract