$BLUR#Timeframe analysis 4

**general information:**

* **Symbol:** BLUR/USDT

* **Current price:** 0.7109 USD

* **Change in 24 hours:** +1.35%

* **24-hour high:** USD 0.7153

* **24-hour low:** USD 0.6523

* **Trading volume (24 hours):** 28.07 million USD (BLUR) / 19.42 million USD (USDT)

* **Time frame:** 4 hours

* **Image date:** March 12, 2024, 12:06:04 AM Cairo Time (EET)

**Chart Analysis:**

* **General trend:** Bullish in the short term

* **Support Levels:** USD 0.6967 (middle of the range) and USD 0.6689 (bottom of the range)

* **Resistance Levels:** USD 0.7245 (top of range)

* **Relative Strength Index (RSI):** 63.6775 (indicates overbought area)

* **Moving Average Convergence (MACD):** -0.0000 (indicates the intersection of MACD and Signal lines)

* **Size:** 1,452,953.1999 (average)

**comments:**

* **Current price is facing resistance at $0.7245.**

* **The RSI is indicating an overbought area, which may indicate a possible negative correction.**

* **The intersection of the MACD and Signal lines indicates a possible trend change.**

Current volume is relatively low.**

Expectations:

*The price is expected to bounce from the resistance level at $0.7245.**

If the price breaks the support level at $0.6967, it may continue to fall to the $0.6689 level.

**You must monitor the RSI and MACD to determine the market trend