$BLUR Signal】Waiting for a pullback, opportunities for shorting under negative funding rates


$BLUR 1H timeframe surges then retraces, Bollinger upper band around 0.0279 shows selling pressure, RSI 1H at 74.78 indicates short-term overheating. Funding rate of -0.3394% provides inverse short protection, but the imbalance in buy order depth -3.74% suggests real resistance above.

🎯Direction: Watchful (buy on pullback)

⚡Entry/Orders: Layered entries in the 0.02214 - 0.02380 range

🛑Stop loss: 0.02139

🚀Target 1: 0.02653

🚀Target 2: 0.02664

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, move stop loss to break-even. If price falls back into entry zone, exit automatically to protect capital.

4H MACD histogram still expanding, but 1H MACD momentum is contracting, a healthy cooldown after a surge. In a negative funding environment, the price hasn't collapsed, indicating potential fuel for passive short covering remains. This risk-reward ratio warrants waiting for a decent pullback; chasing high directly is asymmetrical risk.

Check real-time market 👇 $BLUR
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