【$BLUR Signal】Short squeeze continues, dip to go long

$BLUR 1H RSI skyrocketed to 87, and the 4-hour chart directly broke out of the upper Bollinger Band. Negative funding rate is as high as -2%, but open interest remains unusually stable, a typical short squeeze structure. Buy orders have accumulated over 5 million USD around 0.0201, with blatant support intentions.

🎯Direction: Long

⚡Entry/Order: Range orders between 0.01794 - 0.01841

🛑Stop loss: 0.01780

🚀Target 1: 0.02084

🚀Target 2: 0.02205

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

The 4-hour MACD histogram is still expanding, with no signs of waning bullish momentum. On the 1-hour level, buy depth far exceeds sell depth, with market depth imbalance reaching -3.76%, indicating that short covering still has plenty of fuel. In this negative funding rate environment, prices holding high often suggest major players are actively defending the market, waiting for a more intense short squeeze. Risk-reward ratio exceeds 4, making it a good ambush opportunity.

Check real-time market 👇 $BLUR
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#四月行情预测 #加密市场普遍上涨 #金银同步走强