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【$BLUR Signal】Pullback to go long, 4H structure intact
$BLUR The 1H timeframe is consolidating around 0.0315, with the 4-hour Bollinger Band middle line at 0.0276 providing strong support, and the price has not effectively broken below it.
MACD on the 4H timeframe shows a golden cross, and although the histogram has contracted, the overall trend has not reversed.
Market depth indicates buy orders are only 2.06% imbalanced, with bulls and bears temporarily balanced.
If the price can find support in the 0.0309-0.0316 range, enter long directly.
🛑Stop loss must be placed below 0.0252.
🚀First target near 0.0347.
🚀Second target towards the previous high at 0.0379.
🛡️Trading management: - Execution strategy: After the price reaches 0.0347, halve the position, and move the remaining stop loss up to the entry price.
If the price cannot hold above 0.0316 and turns downward, exit decisively.
Currently, the negative funding rate of -0.23% favors longs, but the 1H MACD histogram is still expanding below the zero line, indicating short-term selling pressure.
The risk-reward ratio at this level is close to 1:2, making it an acceptable setup zone, with the key being whether the price can quickly rebound from the support area.
The 4H EMA50 at 0.0253 is a deeper defense line; as long as it remains unbroken, the medium-term structure remains bullish.
View real-time market 👇 $BLUR
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