BLESS Price Action at Demand Zone: Neutral Bias Setup With Accumulation Signals

BLESS is currently testing demand zone between 0.006921 and 0.007233, presenting a neutral bias setup that rewards patience over conviction.

The demand zone itself carries weight: it's a price level where buyer absorption historically occurred, and current price action suggests smart money is observing before major capital moves. Neutral bias doesn't mean dormant — it means the next directional move requires confirmation, and that's where edge lives.

What matters right now is how price interacts with this demand floor. Watch rejection quality: does price bounce with volume conviction, or does it trap retail longs before capitulation lower? Count the tests. Three touches without breakdown often precede accumulation phase, where institutions quietly load before volatility expansion.

Liquidity is thin here (no supply zone identified means upside pressure is currently unstructured), which cuts both ways. Thin liquidity can accelerate moves in either direction — a 15-20% swing requires less volume than on major pairs. This is advantage if you size correctly and patience is your edge.

The risk framework is clean: demand zone floor at 0.006921 is your invalidation. If price closes below with volume rejection, neutral bias breaks and you're observing from sidelines until next structure forms. Upside invalidation sits where supply eventually prints — likely 10-15% higher based on normal range expansion.

Optimal entry for long-bias traders: confirmation inside demand zone (volume uptick, wick rejection, or three-bar pattern) with stops just below 0.006921. For short-bias traders waiting: demand zone holds three tests, then breakdown below with volume — that's your setup confirmation.