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【$BLUR Signal】Short squeeze continues, dip to go long
$BLUR 1H timeframe shows a rally followed by a pullback, RSI soaring to 83, indicating a break in buying momentum. The 4H Bollinger Bands are fully open, with the price above the upper band, and MACD remains bullish with a continuous golden cross. Negative funding rate at -1.79% combined with stable open interest suggests passive short covering pressure is still present.
🎯Direction: Long
⚡Entry/Order: Buy in batches within the 0.0195 - 0.0200 range
🛑Stop-loss: Below 0.0190
🚀Target 1: 0.0236
🚀Target 2: 0.0254
🛡️Trade Management:
- Execution Strategy: Reduce 50% of position after reaching Target 1, and move stop-loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
The 1H EMA20 forms a dynamic support at 0.0201. The initial rally followed by a pullback to this area is a typical bullish accumulation. The capital support is fully exposed, with heavy orders around 0.0195 below. The 4-hour volume shows a stair-step increase, indicating active capital attack rather than mere follow-the-leader. The current risk-reward ratio is close to 1:4, sufficiently covering Hot Coin’s high volatility risk.
View real-time market 👇 $BLUR
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