$BLOCKST has seen an explosive move higher (+75.7%), now trading near a significant resistance level. Parabolic moves like this often carry increased risk of a reversal. RSI is deep in overbought territory on multiple timeframes. The potential for a sharp pullback exists if momentum fades.
Entry zone: $0.00249 – $0.00250
Targets: $0.00209 and $0.00176
Stop loss: $0.00260
Parabolic moves can reverse quickly – trade with extreme caution.
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