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【$BLUR Signal】Pullback confirmation complete, the main force's intention to support is too obvious
$BLUR 1H level pullback to EMA20 moving average, strong buying depth, selling pressure quickly absorbed. On the 4-hour chart, MACD fast and slow lines have a golden cross and continue upward, with the price staying above the middle band of Bollinger Bands, indicating the bullish structure remains intact. Negative funding rates combined with stable open interest suggest the bearish passive situation is still ongoing.
🎯Direction: Long
⚡Entry/Order: Range of 0.02124 - 0.02186, staggered placement
🛑Stop loss: 0.02000
🚀Target 1: 0.02895
🚀Target 2: 0.03253
🛡️Trade management:
- Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Order book data reveals the main force's intent, with a very thick order zone from 0.0219 to 0.0220 below, indicating strong support. The 1-hour RSI has fallen from overbought territory to a healthy zone, preparing for a second rally. Open interest did not shrink during the price pullback, indicating good chip locking and not panic selling. Under this structure, the risk-reward ratio exceeds 3.8, making it worthwhile to gamble on upside potential with limited risk.
View real-time market 👇 $BLUR
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