$BLUR #BLURUSDT🤑💥
Trading volumes: Trading volumes are minimal on falling and sideways candles. This is a classic sign of an asset “sliding” down: there are no buyers, and passive selling pressure is gradually pushing the price toward key support.
Key levels to watch:
Nearby support: The zone around $0.00735–$0.00750 (the lower Bollinger Band and recent trading activity). If it fails to hold, the price is highly likely to move toward testing its all-time low.
Deeper reference level: $0.006440
Summary: #BLURAnalysis
If the asset fails to generate a strong buying impulse on high volume at current levels, the chart is highly likely to make a new low ($0.006440 or lower), as dwindling demand is making it increasingly easy for sellers to maintain the current setup.
Trading volumes: Trading volumes are minimal on falling and sideways candles. This is a classic sign of an asset “sliding” down: there are no buyers, and passive selling pressure is gradually pushing the price toward key support.
Key levels to watch:
Nearby support: The zone around $0.00735–$0.00750 (the lower Bollinger Band and recent trading activity). If it fails to hold, the price is highly likely to move toward testing its all-time low.
Deeper reference level: $0.006440
Summary: #BLURAnalysis
If the asset fails to generate a strong buying impulse on high volume at current levels, the chart is highly likely to make a new low ($0.006440 or lower), as dwindling demand is making it increasingly easy for sellers to maintain the current setup.