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【$BLUR Signal】Short squeeze rebound, bulls gathering strength
$BLUR 1H timeframe spikes then pulls back, RSI surges to 84.86, buying momentum exhausted. The 4H Bollinger Bands have broken out above the upper band, price returns within the channel. Negative funding rate of -0.745% persists, but open interest remains stable, indicating bears have not exited in large numbers.
🎯Direction: Pullback to go long
⚡Entry/Order: 0.02056 - 0.02109
🛑Stop loss: 0.01980
🚀Target 1: 0.02627
🚀Target 2: 0.02886
🛡️Trade management:
- Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect capital.
Order book shows buy orders clustered around 0.0238, but selling pressure above 0.024 is clearly increasing. The 1H MACD momentum bars are contracting, while the 4H MACD golden cross is still expanding, indicating multi-timeframe divergence. In this negative funding rate environment, the price tends to be rigid, often brewing a quick short squeeze rally. Risk-reward ratio exceeds 4, making it worthwhile to use tight stops to target upside potential.
Check real-time market 👇 $BLUR
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#Gate上线Pre-IPOs #加密市场小幅下跌 #原油小幅上涨