$BLUR is looking heavy across the board right now. When you see a "Bearish" label stamped on every timeframe from the 5-minute scalp chart all the way up to the 4-hour trend, it’s a clear signal that the sellers are firmly in the driver's seat.
Currently hovering around 0.00597, price action is testing the resolve of immediate support levels. We’re looking at a pullback setup here, but there’s no reason to jump the gun yet—entry confirmation is still pending. The immediate ceiling at 0.006 is the line in the sand for the bulls; as long as price stays below that resistance, the path of least resistance remains skewed to the downside.
If the current support at 0.0059 gives way, the next logical areas for price to gravitate toward are 0.0058 and 0.0057. It’s a waiting game for that specific trigger to confirm the next leg down. Stay patient and watch how it reacts to these micro-levels.
Currently hovering around 0.00597, price action is testing the resolve of immediate support levels. We’re looking at a pullback setup here, but there’s no reason to jump the gun yet—entry confirmation is still pending. The immediate ceiling at 0.006 is the line in the sand for the bulls; as long as price stays below that resistance, the path of least resistance remains skewed to the downside.
If the current support at 0.0059 gives way, the next logical areas for price to gravitate toward are 0.0058 and 0.0057. It’s a waiting game for that specific trigger to confirm the next leg down. Stay patient and watch how it reacts to these micro-levels.
