$BLUR
đš BLUR is facing its worst days after once being a symbol of the NFT market boom đš
The price has crashed to 0.01316, accompanied by a very long red candlestick on the hourly timeframe, a sharp spike in the ATR, and a negative MACD
âThe real reason is the near-official shutdown news: Blur has decided to sunset its main user interface in November 2026, alongside winding down new loan matching on Blend
This means the platform will lose the ease of access and liquidity it relied on, especially following a catastrophic drop in trading volume and a loss of confidence in the founder-linked ecosystem. Investors view the announcement as a sign of a gradual withdrawal from daily operations
$BLUR
âTrade setup based on the next move:
âThe market is in an oversold state, but the overall trend is bearish
âWait for a weak bounce towards the 0.0140â0.0145 region to enter a strong short position, with targets at 0.0125 and 0.0115, and a stop-loss above 0.0152
Alternatively, wait for confirmation of a bottom around 0.0128â0.0130
$BLUR
#Market_Update #BLUR
đš BLUR is facing its worst days after once being a symbol of the NFT market boom đš
The price has crashed to 0.01316, accompanied by a very long red candlestick on the hourly timeframe, a sharp spike in the ATR, and a negative MACD
âThe real reason is the near-official shutdown news: Blur has decided to sunset its main user interface in November 2026, alongside winding down new loan matching on Blend
This means the platform will lose the ease of access and liquidity it relied on, especially following a catastrophic drop in trading volume and a loss of confidence in the founder-linked ecosystem. Investors view the announcement as a sign of a gradual withdrawal from daily operations
$BLUR
âTrade setup based on the next move:
âThe market is in an oversold state, but the overall trend is bearish
âWait for a weak bounce towards the 0.0140â0.0145 region to enter a strong short position, with targets at 0.0125 and 0.0115, and a stop-loss above 0.0152
Alternatively, wait for confirmation of a bottom around 0.0128â0.0130
$BLUR
#Market_Update #BLUR