$BLUR 1-hour trading volume surged to 4.1 times its previous level, down 1.69%, with the current price at 0.01222.
Such a sharp spike in volume could mean new information has come in, or someone is rebalancing. The price action will reveal which way things are headed.
A genuine trend needs a series of swing highs and lows to confirm it; one or two candlesticks are just an early sign.