BLESSUSDT Perp – LONG Position Analysis
📊 Market Structure (Short-Term)
Price broke below intraday support near 0.01045
Lower low formed at ~0.01019
Moving Averages
MA(7) < MA(25) < MA(99) → bearish short-term trend
Current bounce is corrective, not impulsive
➡️ This means the market is not yet confirming a bullish reversal
🔑 Key Levels for LONG
Support (Must Hold)
0.01020 – immediate support
0.00990–0.00965 – danger zone (liquidation nearby)
Resistance (Break Needed)
0.01045 – first reclaim level (very important)
0.01060 – entry zone
0.01075–0.01085 – only if momentum returns
🧠 Long Position Scenarios
✅ Best-Case (Recovery)
Price holds above 0.01020
Break & close above 0.01045
Volume increases on green candles
📈 Then a move toward 0.01060–0.01075 is possible
⚠️ Neutral / Risk Zone (Current)
Price ranges 0.01020–0.01045
Choppy candles = leverage decay
No confirmation → risky to hold aggressively
❌ Bearish / Exit Signal
Clean break below 0.01020
Next stop quickly toward 0.00990
High liquidation risk due to 15x cross
🛡️ Risk Management (Very Important)
Cross 15x is aggressive for this volatility
Without a strong reclaim above 0.01045, LONG is technically weak
A tight SL or partial de-risking is safer than hoping
📌 Final Verdict
Trend: Short-term bearish
Long Bias: Only valid after reclaiming 0.01045
Current Hold: High risk, low confirmation
Leverage Impact: Loss amplified, margin safety shrinking
This is technical analysis only, not financial advice.
