【$BLUR Signal】Short squeeze structure established, pullback is an opportunity

$BLUR 1H-level violent rally followed by high-level consolidation, RSI soaring to 88, risk of buy-side gap increasing. The 4-hour Bollinger Bands are fully expanded, price has broken above the upper band, MACD double lines accelerating upward, this is a typical momentum continuation pattern.

🎯Direction: Pullback to go long

⚡Entry/Order: 0.0177 - 0.0181 zone for placement

🛑Stop loss: 0.0176

🚀Target 1: 0.01974

🚀Target 2: 0.02056

🛡️Trade management:
- Execution strategy: After the price hits the first target, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.0185, consider exiting early.

Negative funding rate as high as -2%, but open interest remains stable, price refuses deep correction, and the pressure of passive short covering is accumulating. On the 1-hour chart, buy orders around 0.0199 are clearly stacking, indicating active support from funds. The current risk-reward ratio exceeds 4, making it worthwhile to use a smaller position to attempt a secondary rally after a pullback. Under this structure, chasing highs is very risky, patience is needed until the market provides a better entry price.

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