BLESSUSDT.Pshort setup from daily support at 0.03388

22 oct.

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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25 oct.

Ordre annulé

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.