🚨 $BLESS Strategy: The Dead Cat Bounce Fade
The "Blessing" has turned into a bleed. After losing the crucial $0.014 support (MA-99), the trend is decisively bearish. We are looking for a weak relief rally to "fringe the herd" and snipe a short entry or a clean exit for trapped longs.
Entry Zone: $0.0125 - $0.0138 (Fading the relief at previous support-turned-resistance)
TP1: $0.0098 (Psychological Floor)
TP2: $0.0082 (Major Liquidity Gap Fill)
TP3: $0.0065 (Deep Re-accumulation Zone)
Stop Loss: $0.0155 (Above the structural breakdown point)
Trade Logic:
Price is trading in a "free fall" state after breaking the 1H market structure. The MA(25) at $0.020 is now miles away, indicating extreme bearish momentum. We wait for a low-volume bounce to the $0.013 area to confirm exhaustion before the next leg down. Discipline is key—don't catch a falling knife without a bounce.
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