📊 $BLESS Market Outlook
🔴 A $4.4789K long liquidation at $0.00984 indicates a meaningful flush of leveraged buyers, giving sellers short-term control. The $0.00984 zone is now the primary liquidity reference: a failed reclaim favors bearish continuation, while a fast reclaim could indicate a sell-side sweep and buyer absorption. Since only liquidation data is available, BOS/CHOCH and volume confirmation are required before treating this as a high-conviction short.
📈 Trade Plan
Bias: SHORT — confirmation required
Entry: $0.00978–$0.00985
TP1: $0.00960
TP2: $0.00938
TP3: $0.00910
SL: $0.01002
Risk-to-Reward: ~1:2 / 1:4
Trade Grade: A-
Trade Thesis:
The $4.48K liquidation suggests leveraged long positions have been cleared around $0.00984. The preferred setup is a failed reclaim of this level, followed by bearish displacement and lower-timeframe BOS/CHOCH. A sustained reclaim above $0.00984 with strong buying volume invalidates the bearish thesis.
Risk Management:
Wait for confirmation before entering. Never chase the liquidation candle. Use disciplined position sizing and keep risk strictly controlled.
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