📊 BLESS/USDT – Technical Analysis (1H Chart)

BLESS has entered a key resistance zone between 0.0550 and 0.0566 after a strong impulsive move.

Momentum indicators suggest exhaustion — RSI at 80+ with visible bearish divergence, hinting at a potential short-term reversal.

Market Structure:

‱ 🔮 Resistance: 0.0550 – 0.0566

‱ ⚫ Reversal Zone: 0.0500 – 0.0510

‱ 🟱 Support: 0.0340 – 0.0390

Scenario Outlook:

‱ A rejection from the reversal zone could trigger a correction toward the 0.038 area.

‱ A confirmed breakout above 0.0566 would invalidate the bearish setup and indicate continuation momentum.

Risk–Reward Ratio: ≈ 1:2.5

Bias: Bearish near resistance until structure or momentum confirms otherwise.

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