BLUR is down nearly 81% over the past year, but the latest chart raises a different question: is this just another pause in the sell-off, or are buyers finally trying to defend the bottom?
Looking at the daily chart,
$BLUR has dropped from around $0.0194 to a recent low near $0.00974. Price is now hovering around $0.01058 after a sharp decline, while a long lower wick hints at buying interest near the lows.
But one candle doesn't confirm a reversal.
The levels I'm watching:
• $0.00974 — recent low and key support to defend.
• $0.01139 — an initial resistance area to reclaim.
• $0.01353 — a stronger recovery level to watch if momentum returns.
If buyers reclaim resistance with sustained volume, a relief bounce could develop. If support breaks, downside pressure may continue.
The real question is whether BLUR can build a base here or whether this is just temporary relief in a broader downtrend.
Would you buy this dip, or wait for confirmation before entering? 👀
$BLUR #BLUR.