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BLUR/USDT Technical Bullish Chart Analysis
BLUR/Tether
Long
BLUR/USDT Technical Bullish Chart Analysis
By CryptoPatel
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Apr 27, 2023
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Apr 27, 2023
#BLUR/USDT Technical Analysis
- BLUR is currently trading at $0.70, up 15% within 24 hours.
- After analyzing the chart, BLUR appears to have strongly bounced from the trend line support, indicating a potential bullish trend.
- Therefore, we recommend respecting this trend line and considering an entry point between $0.6-$0.67.
- Our suggested price targets for BLUR are $0.81, $0.98, and $1.31, with a stop loss at any 4H candle close below $0.58.
- It is crucial to use a stop loss, as it acts as a seat belt to protect your investment.
- Key support levels for BLUR are $0.62 and $0.59, with resistance levels at $0.81, $0.98, and $1.31.
Happy trading!
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