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Blessing | BLESS/USDT Long: Breakthrough trendline retest 🐉
Market observation: On the 15-minute chart, the price has successfully broken through the long-term downtrend line (yellow diagonal line) and stabilized with a rebound in the purple support zone below. Currently, the K-line is above the short-term support, indicating that the bearish momentum is exhausted, and the bulls are beginning to regain control.
Operational logic: The structural change after breaking through the trendline is expected to trigger an upward trend reversal or a strong rebound.
Parameter settings:
Entry (Entry): around 0.0185.
Stop loss (SL): 0.0126.
Take profit (TP): 0.0280.
Reminder: The cryptocurrency market is highly volatile. Be sure to strictly implement stop-loss and adjust your position size according to your risk preference! 🧧