šŸ“Š Blum Token (BLUM) Technical Analysis & Short-Term Targets šŸ“Š

Blum Tokenā€™s recent launch has stirred market interest with promising short-term trading opportunities. Hereā€™s a quick look at its price movement and key levels to watch:

šŸ”¹ Current Price: $0.0167 šŸ”¹ Initial Market Cap: ~$1 billion, with over 60% of the supply released via airdrop.

Technical Outlook:

Target 1: $0.020 ā€“ Expect resistance as initial supply stabilizes.

Target 2: $0.025 ā€“ Bullish sentiment could push prices if demand increases.

Target 3: $0.030 ā€“ Strong partnerships and use-case announcements could drive prices further.

šŸ’” 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.

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