$BLUR is showing signs of a short-term recovery after a sharp bounce from recent lows. Buyers have stepped in with improving momentum, but the broader trend remains fragile following the announcement that the Blur NFT marketplace website will shut down next month, even though the on-chain protocol will continue operating.
Technical Outlook:
🟡 Trend: Neutral to Bullish (short-term recovery)
📈 Momentum has improved with rising buying interest, but price is still recovering from heavy selling pressure.
🔑 Support: $0.0078–0.0080
🎯 Resistance: $0.0095, followed by $0.0105
⚠️ Holding above $0.0080 keeps the recovery intact.
A breakout above $0.0095 could extend the rebound toward $0.0105, while a drop below support may lead to another retest of recent lows.
Technical Outlook:
🟡 Trend: Neutral to Bullish (short-term recovery)
📈 Momentum has improved with rising buying interest, but price is still recovering from heavy selling pressure.
🔑 Support: $0.0078–0.0080
🎯 Resistance: $0.0095, followed by $0.0105
⚠️ Holding above $0.0080 keeps the recovery intact.
A breakout above $0.0095 could extend the rebound toward $0.0105, while a drop below support may lead to another retest of recent lows.