$BLESS dipped into the 0.00998 area after a long liquidation event, showing that buyers were forced out as sellers took control of the short-term trend. Price is currently hovering around this level, making it an important zone to watch.
On the 15m chart, the structure remains weak with lower highs and limited buying response. While selling pressure has slowed, there is still no clear sign of strong demand stepping in. Unless buyers reclaim nearby resistance, the path of least resistance remains lower.
Entry Point
0.00995 – 0.01005
Target Point
TP1: 0.00970
TP2: 0.00940
TP3: 0.00900
Stop Loss
0.01035
This setup can work if sellers continue defending rebounds and volume remains stronger on downside moves. The recent liquidation, weak candle structure, and failure to establish higher lows suggest bearish momentum is still active.