$BLUR looks caught between accumulation and distribution. While price slipped 1.8%, institutional buying, improving RSI, and a positive MACD shift hint that dip buyers are stepping in.
My view: this feels more like a volatility phase than a clean bearish breakdown. NFT sector strength could support rebounds, but token unlock pressure and lingering distribution risks may cap upside.
BLUR may be building a recovery base, though conviction likely depends on whether buyers can absorb ongoing sell pressure.
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