【$BLUR Signal】Short squeeze pullback, sniper for a second surge

$BLUR 1H level violently surged 16%, breaking out of the upper Bollinger Band, RSI soared to 82.75. The 4-hour level also broke out of the upper band, with MACD double lines strongly expanding. Currently, selling pressure is concentrated above 0.0198, while buy orders are heavily stacked below 0.0197.

🎯Direction: Pullback to go long

⚡Entry: Buy in batches on pullback around 0.0175-0.0179

🛑Stop loss: 0.0173

🚀Target 1: 0.01955

🚀Target 2: 0.02037

🛡️Trade management:
- Execution strategy: Half position at Target 1, remaining to protect capital. If the price cannot stay above 0.019, consider exiting all positions.

After this rapid surge, open interest remains stable, but funding rate is as high as -2%, a typical short squeeze structure. Shorts are forced to close, providing additional fuel. However, the 1-hour RSI is severely overheated, chasing risk directly is extremely risky. Waiting for a healthy pullback offers a better risk-reward ratio. The area around 0.0175 below is a dense zone of the 1-hour moving averages and also a previous breakout level, with clear support from funds.

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‍#四月行情预测 #加密市场普遍上涨 #金银同步走强