$BLUR | 4H ANALYSIS 📊
- My clear expectation is a downward movement, because the resistances here are constantly being tested and cannot be broken, and the selling pressure is very evident. Short positions are safer.
- The price may initially relax to the range of 0.0826-0.0807; if a strong reaction does not occur here, we could see a drop to 0.0785 and even 0.0677.
- If a strong close and momentum above 0.0868 occurs, there may be upward attempts in the short term, but a clear confirmation is required for this scenario.
- When entering a trade, always get a clear confirmation like a pin bar, engulfing, or reversal signal in a lower time frame. Place the stop-loss level at places that would break the trend, like swing high/swing low.
- Especially if liquidity is swept below 0.0807 and a quick reversal occurs, a long attempt can be made; otherwise, staying short makes more sense.#BLUR #BLUR/USDT #BTCReclaims120K #BinanceAlphaAlert #analysis
-