$BLUR /USDT. Here's a quick breakdown and short-term trade setup based on the data you've provided (likely focusing on 15m–1h timeframe):
📊 BLUR/USDT Quick Overview:
Current Price: $0.1207
24h Range: $0.1172 (low) – $0.1286 (high)
MA60: $0.1202 — price is just above MA60, indicating neutral to slightly bullish bias.
Volume (USDT): 3.70M — decent liquidity, but may be more volatile due to its NFT market association.
⚙️ Technical Setup:
Scenario 1: Support Bounce Play
Entry Zone: $0.1190–$0.1200 (near MA60 and previous support)
Stop-Loss: $0.1170 (just below the 24h low)
Take-Profit 1: $0.1230 (mid-range resistance)
Take-Profit 2: $0.1260 (toward the high of the 24h range)
Scenario 2: Breakout Play
Entry Trigger: $0.1220+ (clear breakout above $0.1216 resistance level)
Stop-Loss: $0.1190 (below recent consolidation)
Take-Profit: $0.1260 (upper range target)
🔄 What to Watch:
Volume Confirmation: Look for a spike in volume around $0.1220 to confirm bullish momentum.
Price Action: Any bullish candlestick close above $0.1216 should confirm the continuation.
RSI: Keep an eye on RSI for bullish divergence or confirmation above 50.
⚠️ Risk Note:
BLUR can be sensitive to NFT market sentiment, so be mindful of news or events that might influence its price. Tight stop-losses are advisable to manage volatility.
Would you like a visual chart breakdown of key levels for BLUR/USDT to help with your trade setup?
