$BLUR Signal】Short squeeze rebound, low buy-in accumulation


$BLUR 1H level surge and pullback, 4H Bollinger Band upper band briefly pierced then price pulls back. RSI on 1H drops from overbought to 66, MACD histogram on 1H contracts, bullish momentum temporarily slows. 4H MACD still expanding, trend not bad. Key is the buying support around 0.0255, which is the dense trading zone of the previous breakout.

Funding rate -0.27%, short positions have high holding costs, but price has not dropped sharply, a typical short squeeze structure. OI remains stable, indicating chips have not exited in large scale.

🎯 Direction: Pullback to go long

⚡ Entry/Order: Accumulate around 0.0244

🛑 Stop loss: 0.02149

🚀 Target 1: 0.02562

🚀 Target 2: 0.02573

🛡️ Trading management:
- Execution strategy: Half position at Target 1, remaining position's stop loss moved up to entry price. If price cannot hold above 0.025, consider exiting all.

Order book depth shows buy and sell orders are basically balanced, but in a negative fee environment, any small rally could squeeze shorts. 1H EMA20 at 0.0239 provides dynamic support, coinciding with the lower boundary of the suggested entry zone. This position offers a good risk-reward ratio, favoring the bulls.

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