$BLUR : Bears Retake Control as $BLUR Fails to Hold Moving Averages
SHORT SETUP BLUR
Entry: $0.01070 - $0.01078
Stop Loss: $0.01112
Take Profit: $0.00998 (2R)
Key Levels: Support $0.01074 | Resistance $0.01109
Technical Analysis for $BLUR : MACD is negative with a bearish histogram, and price sits below EMA9, EMA21 and EMA50, confirming downtrend. Orderbook shows a 37 % bid imbalance, while 1H resistance sits at 0.01109. The overall indicators favor a short bias. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC shows mixed 1day signals but a bearish 4hour trend, while the broader market is broadly positive with 91% of assets green.
SHORT $BLUR
SHORT SETUP BLUR
Entry: $0.01070 - $0.01078
Stop Loss: $0.01112
Take Profit: $0.00998 (2R)
Key Levels: Support $0.01074 | Resistance $0.01109
Technical Analysis for $BLUR : MACD is negative with a bearish histogram, and price sits below EMA9, EMA21 and EMA50, confirming downtrend. Orderbook shows a 37 % bid imbalance, while 1H resistance sits at 0.01109. The overall indicators favor a short bias. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC shows mixed 1day signals but a bearish 4hour trend, while the broader market is broadly positive with 91% of assets green.
SHORT $BLUR