*$BLESS – Rejection at Daily Supply*

*Short Setup*

*Current Price:* 0.0051

*Entry Zone:* 0.00505 – 0.00518

*Stop Loss:* 0.00540

*Targets:* TP1 0.00475 | TP2 0.00445 | TP3 0.00410

$BLESS just put in a clean rejection wick at the daily supply zone on the 4H. Sell-side delta came in heavy right after, and order flow flipped negative fast. The 0.00505–0.00518 range is now acting as resistance after failing to reclaim the weekly structure.

RSI is showing bearish divergence and momentum is rolling over on the 15m. Volume profile also shows a distribution node above price, meaning there are trapped longs sitting up there.

Now the question is: will BLESS drop to sweep liquidity around the 0.0045 area after this rejection?

Trade details below 👇$BLESS

BLESSUSDT

Διην.

0.005075

+1.76%