Crypto Asset $BLUR Trading Tips 💹
Consolidation Suggestion
Entry Range: 0.01556-0.01574
Stop Loss: 0.01544
Targets: 0.01583, 0.01597, 0.01615
Technical Analysis: BLUR's price action, to put it nicely, is consolidating and building up energy; to put it bluntly, it’s just lying flat and playing dead—EMA lines are stuck together like they just woke up, crossing over in solitude. RSI at 51 is in that Schrodinger state of 'neither bullish nor bearish'. Thinking about jumping in now? I respect your courage, but I recommend setting a stop loss at 0.015440 to buy yourself some insurance. This range is classic chop, and a couple of cents up and down can make you question your life choices. Wait for it to choose a direction before you follow, and don’t get tempted to gamble on a breakout, or the market makers might just pull a 'fakeout' and teach you a lesson on the spot.
Suggested Stop Loss: 0.015440, please adjust your position size according to your risk tolerance.
#BLUR