📊 Blum Token (BLUM) Technical Analysis & Short-Term Targets 📊
Blum Token’s recent launch has stirred market interest with promising short-term trading opportunities. Here’s a quick look at its price movement and key levels to watch:
🔹 Current Price: $0.0167 🔹 Initial Market Cap: ~$1 billion, with over 60% of the supply released via airdrop.
Technical Outlook:
Target 1: $0.020 – Expect resistance as initial supply stabilizes.
Target 2: $0.025 – Bullish sentiment could push prices if demand increases.
Target 3: $0.030 – Strong partnerships and use-case announcements could drive prices further.
💡 Trading Tip: Early selling pressure may create volatility, so manage risk carefully. Monitor momentum indicators to gauge potential entry and exit points.
Note: As always, DYOR (Do Your Own Research) to align with your investment strategy.