BLESSUSDT.Pshort setup from daily support at 0.03388

2 days ago

BLESSUSDT.P is likely to continue moving within the short trend. The asset dropped sharply and stopped right before the key level, now remaining in a narrow consolidation range. The key factor here is the absence of a corrective rebound.

Key factors for this scenario:

• Global & local trend alignment
  
• Correlation with the market
  
• Liquidity grab (false move against the trend)
  
• Momentum stall at the level
  
• Immediate retest
  

Factors that contradict this scenario:

• Closing far from the level
  

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9 hours ago

Order cancelled

A false breakout occurred — it was not a valid setup to enter, as the breakout formed from a distance and under high volatility, which contradicts the trading strategy. Further breakout scenarios were also irrelevant since the false move was deep enough.
Order canceled.