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【$BLUR Signal】Pullback to buy, capital support exposure
$BLUR 1H level rally and fall back, current price 0.02277.
Around the 4H Bollinger Band upper band at 0.0237, selling pressure appears, but the 1H EMA20 at 0.0222 forms the first line of defense.
Market depth shows thick buy orders in the 0.0226 to 0.0225 range, exceeding 2 million coins, fully exposing the capital support intention.
Meanwhile, the negative fee rate of -0.21% continues to pressure, but open interest remains stable, and shorts have not exited in large numbers, increasing the bulls and bears' game here.
🎯Direction: Long
⚡Entry/Order: Batches at 0.02209 - 0.02230
🛑Stop loss: 0.02070
🚀Target 1: 0.02400
🚀Target 2: 0.02500
🛡️Trade management:
- Execution strategy: Reduce 50% of positions after reaching Target 1, and move stop loss to break-even.
- If the price falls back into the entry zone, automatically exit to protect principal.
The 1H MACD histogram turns negative, indicating weakening short-term momentum, which provides a good opportunity for a pullback entry.
The 4H MACD remains in a bullish crossover, but the histogram shrinks, showing the upward pace is slowing.
The current risk-reward ratio is close to 4:1, favoring the odds.
The key is whether the price can find support in the thick buy zone and re-break above the 1H midline at 0.0223.
Breaking above would repair the short-term structure and potentially test the previous high again.
In a negative fee environment, if the price can hold in a strong support zone, it is itself a sign of strength.
Check real-time quotes 👇 $BLUR
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