At 02:13, $BLUR experienced a sharp drop in selling pressure of $32 million within a single hour. The last time this level appeared was three days ago, when it surged 21%. The price of 0.0191 is just a step away from the 24-hour low of 0.0185, but volume has shrunk to the tail end of 212 million — buy orders are accumulating, and hesitation means missing the next ride.
Scenario simulation: If support at 0.0185 holds, short sellers will be forced to cover within 24 hours. 0.021 is the first target, and 0.023 is the acceleration zone. But if it breaks below 0.0178, the thousands of orders below are as sparse as a desert — that would be a real waterfall. The current long/short ratio is 1.8:1, a bit crowded but not extreme, suitable for a small position to bet on a rebound, with a stop loss at 0.0178 and take profit at 0.021. Position size not exceeding 15%; the up-and-down amplitude at this level is still 8%.
On-chain data is even more exciting: the top three addresses dumped 320 million tokens in two days, but the number of new whale addresses actually increased by 12% — this is a pure game of speculation. If you're going to play, don't be greedy. A 5-minute bullish divergence has started to appear. When there is 5% floating profit near cost price, reduce position by half.
Final note: At 0.0191, I have placed two layers of defensive orders, waiting at cost price 0.0193. If you want to follow, there's still time to salvage. The timer has started ticking — after 56 minutes, at 3:00 AM, the data updates. Either it bounces or it breaks. Which side are you on?
Scenario simulation: If support at 0.0185 holds, short sellers will be forced to cover within 24 hours. 0.021 is the first target, and 0.023 is the acceleration zone. But if it breaks below 0.0178, the thousands of orders below are as sparse as a desert — that would be a real waterfall. The current long/short ratio is 1.8:1, a bit crowded but not extreme, suitable for a small position to bet on a rebound, with a stop loss at 0.0178 and take profit at 0.021. Position size not exceeding 15%; the up-and-down amplitude at this level is still 8%.
On-chain data is even more exciting: the top three addresses dumped 320 million tokens in two days, but the number of new whale addresses actually increased by 12% — this is a pure game of speculation. If you're going to play, don't be greedy. A 5-minute bullish divergence has started to appear. When there is 5% floating profit near cost price, reduce position by half.
Final note: At 0.0191, I have placed two layers of defensive orders, waiting at cost price 0.0193. If you want to follow, there's still time to salvage. The timer has started ticking — after 56 minutes, at 3:00 AM, the data updates. Either it bounces or it breaks. Which side are you on?
