$BLUR 💡 Overall outlook and scenarios
The market has absorbed the previous aggressive move up to 0.0100. At the moment, the instrument has entered a low-volatility (sideways) phase on the 15-minute chart, but on the 1h and 4h charts, the bias has shifted back toward sellers.
Bearish scenario (primary): A break below the 0.00802 USDT shelf would send the price toward support levels at 0.00776 and 0.00740 USDT.
Bullish scenario: For a local bounce, bulls need to break out of the 15m consolidation and hold above 0.00822 USDT, with an attempt to test 0.00855.
The market has absorbed the previous aggressive move up to 0.0100. At the moment, the instrument has entered a low-volatility (sideways) phase on the 15-minute chart, but on the 1h and 4h charts, the bias has shifted back toward sellers.
Bearish scenario (primary): A break below the 0.00802 USDT shelf would send the price toward support levels at 0.00776 and 0.00740 USDT.
Bullish scenario: For a local bounce, bulls need to break out of the 15m consolidation and hold above 0.00822 USDT, with an attempt to test 0.00855.