## Stock Chart Analysis (BLUR/USDT)
**Indicators:**
* **Current price:** 0.6999 USD
* **Change in 24 hours:** -0.67%
* **Highest price in 24 hours:** 0.7081 USD
* **24-hour low:** 0.6523 USD
* **Trading volume in 24 hours:** 28.15 million BLUR (19.44 million USD)
**Chart:**
* **Current trend:** Bearish
* **Resistance levels:** $0.7104, $0.7351
* **Support levels:** USD 0.6915, USD 0.6725
**Technical indicators:**
* **Relative Strength Index (RSI):** 59.7063 (indicates overbought area)
* **Mean Convergence Divergence (MACD):** 0.0023 (indicates a weak buy signal)
* **Moving Average (MA):**
* MA (5): 1,446,265.6400
* MA (10): 1,191,592.7900
**Analysis:**
The chart indicates that BLUR/USDT price is in a downtrend in the short term.
**Signs of a downward trend:**
* **Price decreases from its highest level in 24 hours**
* **Bearish candlestick pattern formation**
* **RSI declines from overbought zone**
**Signs of a possible recovery:**
* **The price is approaching a major support level**
* **Weak buy signal on MACD indicator**
**Expectations:**
The downtrend is expected to continue in the short term, with a possible recovery at the $0.6915 support level.
**note:**
This analysis is based on the information in the chart only.
