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【$BLUR Signal】Pullback to go long, 1H level funds clearly support the bottom
$BLUR 1H level rebound and fall back, current price 0.02309. The upper band of the 4H Bollinger Bands is at 0.0252 and is under pressure, but the MACD double lines are still above the zero axis, and the bullish structure remains intact. The 1H EMA20 at 0.0217 forms dynamic support, and the current price is pulling back, with buy order depth imbalance reaching 9.65%, and thick orders below at 0.0229 to 0.0230.
🎯Direction: Long
⚡Entry: Pull back to 0.02105 - 0.02159 area for staggered entry
🛑Stop loss: 0.02020
🚀Target 1: 0.02716
🚀Target 2: 0.02994
🛡️Trade management:
- Execution strategy: Half position at Target 1, remaining position with stop loss moved up to entry price. If the price cannot stay above 0.0228, consider exiting early.
Negative fee rate -0.623%, combined with stable position volume, continues to pressure short positions' cost. The 1H RSI has fallen from overbought to 69.65, providing a healthy correction space. Market data shows that buy orders below 0.023 far exceed sell orders, indicating clear fund support intentions. This volume and price pullback with deep support suggest a risk-reward ratio over 4, worth laying in wait.
Check real-time market 👇 $BLUR
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