🚨 $BLUR /USDT Analysis: A -36% Dump and a Chance for a Short Squeeze?
The $BLUR coin has suffered a massive drop, triggered by a cascade of long position liquidations.
📊 Key Metrics:
Funding: Deeply negative (-0.2541%) - the market is overloaded with shorts.
Open Interest: Rose to 378M, indicating the accumulation of new positions at the lows.
CVD (Spot): Turning upward - a spot buyer has stepped in amidst the panic.
🚦 Trading Scenarios:
🟢 BUY (Counter-trend / Short Squeeze):
Entry: $0.01150 - $0.01170
Take-profit: $0.01290 / $0.01440
Stop-loss: $0.01080
🔴 SELL (Sell on retest):
Entry: $0.01280 - $0.01320 (on a bounce)
Take-profit: $0.01100 / $0.01010
Stop-loss: $0.01380
⚠️ Practice risk management! Do not enter without stop-losses.
The $BLUR coin has suffered a massive drop, triggered by a cascade of long position liquidations.
📊 Key Metrics:
Funding: Deeply negative (-0.2541%) - the market is overloaded with shorts.
Open Interest: Rose to 378M, indicating the accumulation of new positions at the lows.
CVD (Spot): Turning upward - a spot buyer has stepped in amidst the panic.
🚦 Trading Scenarios:
🟢 BUY (Counter-trend / Short Squeeze):
Entry: $0.01150 - $0.01170
Take-profit: $0.01290 / $0.01440
Stop-loss: $0.01080
🔴 SELL (Sell on retest):
Entry: $0.01280 - $0.01320 (on a bounce)
Take-profit: $0.01100 / $0.01010
Stop-loss: $0.01380
⚠️ Practice risk management! Do not enter without stop-losses.