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【$BLUR Signal】Pullback confirmation, bulls make a second push
$BLUR 4H level price has broken out of the Bollinger upper band, RSI soared to 77, initial signs of buy-side order gaps.
1H MACD red bars are shrinking, bullish momentum is slowing, but EMA20 supports at around 0.0220, and the price has not broken below after the pullback.
Market depth shows thick orders below 0.0231, fully exposing the capital support intent.
🎯Direction: Long
⚡Entry/Order: Buy in batches within the 0.02134 - 0.02189 range
🛑Stop loss: 0.02040
🚀Target 1: 0.02785
🚀Target 2: 0.03083
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even.
- If the price falls back into the entry zone, automatically exit to protect capital.
Funding rate is -0.38%, short positions are costly, with a basis for short squeeze.
Position volume remains stable, no large-scale capital withdrawal observed.
1H RSI has fallen from high levels to 72, offering healthier upside potential.
This negative funding rate combined with a price-supportive structure often indicates potential forced long liquidations.
Risk-reward ratio 4:1, worth setting up.
Check real-time market 👇 $BLUR
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