blend

🖼️ BLUR (BLUR) ANALYSIS – JANUARY 17, 2026 🖼️
BLUR is currently navigating a high-volatility "tug-of-war" as it attempts to maintain its position as the #1 professional NFT marketplace token. While the NFT sector faces broader macro headwinds, BLUR's technicals are showing signs of a potential "bullish divergence" that aggressive traders are watching closely.
📊 Technical Snapshot
* Current Price: ~$0.0342
* 24h Change: -1.67% 📉 (Consolidating)
* 24h Volume: ~$31.6M
* Market Cap: ~$91.8M
* Sentiment: Neutral-Bearish (49% Fear & Greed Index)
🗝️ Key Levels to Watch
* Resistance: $0.0360 (24h High) and $0.0400. Reclaiming the $0.040 mark is the "bullish goal" for the week. A breakout above this level could trigger a relief rally toward $0.072.
* Support: $0.0331 (Immediate) and $0.0301 (30-day SMA). The $0.030 area is a "hard floor"; losing this support would likely result in a slide toward the all-time low of $0.025.
💡 Market Insight
The current price action is a battle between supply and utility:
* Supply Overhang: Traders remain cautious as ~29% of the supply (870M tokens) is still vesting until 2027. This consistent "sell pressure" often caps sudden rallies.
* NFT Pivot: With OpenSea pivoting to broader crypto trading, Blur’s Blend lending protocol (now capturing ~23% of ETH NFT loans) is becoming its primary fundamental anchor.
* Technical Setup: On the 4-hour chart, BLUR is showing a bullish divergence—the price is making lower lows while the RSI is trending higher. This often precedes a short-term price reversal or "mean reversion" pump.
📉 Strategy
* Scalpers: Monitor the $0.0327 – $0.0330 entry zone for quick flips targeting $0.0345, with a stop-loss just below $0.0319.
* Investors: Focus on the NFT volume recovery. If monthly sales across major collections stabilize, BLUR is positioned to lead the sector recovery due to its pro-trader liquidity.
What’s your play? 💎 HODLing for an NFT comeback or 📉 Shorting the supply unlocks? Tell us your 2026 targets! 👇
#BLUR #NFT #Blend #Web3 $BLUR