BLUR had a recovery attempt, but why are sellers still keeping the pressure on?
$BLUR is back near $0.00817 after failing to hold its recent bounce. Buyers defended the $0.00644 low, which is encouraging, but the daily trend remains bearish with Supertrend resistance sitting at $0.01046.
Key levels to watch:
Support: $0.0080
Major support: $0.00644
Resistance: $0.0092 to $0.0100
Trend reversal zone: $0.01046
Holding $0.0080 could give buyers another chance to recover. A break below it would bring the recent low back into focus.
The base is still worth watching, but BLUR needs stronger buying pressure and a reclaim of resistance before the recovery looks convincing.
#BLUR
$BLUR is back near $0.00817 after failing to hold its recent bounce. Buyers defended the $0.00644 low, which is encouraging, but the daily trend remains bearish with Supertrend resistance sitting at $0.01046.
Key levels to watch:
Support: $0.0080
Major support: $0.00644
Resistance: $0.0092 to $0.0100
Trend reversal zone: $0.01046
Holding $0.0080 could give buyers another chance to recover. A break below it would bring the recent low back into focus.
The base is still worth watching, but BLUR needs stronger buying pressure and a reclaim of resistance before the recovery looks convincing.
#BLUR
