$BLUR long enteredLooking for a retest of some higher volume nodes higher. I like the formation here with yesterdays drop into a roll over with bounce again. Much healthier formation and potential base to move higher from.
Have some high volume areas that may be resistance on the way up. Orange lines are weekly POC's and yellow are daily POC's.
I'm long at 0.775
BLURUSD trade ideas
It was all a BLUR (Today's Uniswap??????)If you received this airdrop, congratulations. Traditionally, airdrops with good tokenomics and a use case which is already very apparent seem to have good success after the initial dump. Take Uniswap for example. There are also many bullish calalysts that could ramp up liquidity such as being added to other major exchanges (other than Coinbase - Binance, ByBit etc). As well as being included in perpetuals in the future.
The technicals seems to line up, but again, too early to make a confident call on this just yet.
BLURA small analysis of the beginning of BLUR trading: The price quickly collapsed after the start of trading due to large sales (many large holders quickly submitted the token). After the fall, the price forms a rising channel. I have indicated the first support and resistance levels that will help you navigate the price movement today.