#BLUR USDT $BLUR USDT ↗️ 🟩 X2-X3#bullishsetup #LONG 🚀 #PUMP +77%💸 ▶️ #INVESTIDEAUA
📊 Time frame 1W (6-3d) ↗️🟩
▶️ Parallel channel
▶️ Breakdown of the LONG structure, growth to $1,005
📊 Time frame 4h. ↗️🟩 ▶️ Breakdown of the LONG structure, growth to $0.7564
📉 2D correction is POSSIBLE ↘️ 🟥 0.5675 – 0.3191 $
🤔 Rationale:
🔸Trade Volumes: Down -90.46% from 7-day high to approximately $384,767.27. Observations: The significant drop in trading volume to $384,767.27 coincides with a 14.99% decline in BLUR's price over the past week, suggesting that the downward price movement may be accompanied by or as a result of decreased trading activity.
🔸 Capital flows: increased from 188,298.80 BLUR in the last 7 days to 211,990.20 BLUR, indicating an upward trend. Observations: The increase in capital inflows into BLUR by 23,691.40 BLUR over the past week contrasts with the price movement, which experienced a notable downtrend of 14.99% from its 7-day high.
↗️Influx of large holders increases
🔥 Elimination heat map:
▶️Magnetic Zone: A concentration of liquidation levels in a certain price range can indicate that price is likely to move towards that zone.
📈Technical characteristics:
▶️ RSI is trend neutral, suggesting bearish sentiment in the market with the potential for continued price declines or a possible upcoming reversal if the RSI begins to deviate positively from the current price trend.
🔸 OBV: The OBV trend is showing a decline, reflecting a downward price movement, indicating sustained selling pressure and confirming bearish sentiment in the market.
