$BLUR
upward sign
The current BLUR/USDT 4-hour chart on Binance displays a potential continuation pattern after a healthy correction. While the broader trend has faced bearish pressure, a recent 6% price increase and a strong 200-day moving average suggest a momentum rebuild. Buyers appear to be maintaining control by forming higher lows above previous support levels. If price sustains above its current consolidation range, it may attempt to breach the local resistance at 0.0330, signaling further upside potential toward recent highs.
Potential Trade Setup
Entry Zone: Consider entering near the current price or during a slight pullback to the 0.0310 – 0.0330 range to align with the consolidation base.
Stop Loss (SL): A prudent stop loss could be placed below critical 4H support at 0.0300 or slightly lower to protect against volatility.
Targets (TP):
TP1 (Conservative): 0.0350 (Near recent local highs).
TP2 (Moderate): 0.0400 (Next psychological and historical resistance level).
TP3 (Long-term): 0.0700+
