【$BLUR Signal】Short squeeze in progress, pullback is an opportunity

$BLUR 1H RSI skyrocketed to 89, the 4-hour chart directly broke out of the upper Bollinger Band, price and open interest surged simultaneously, but funding rates remain deeply negative. A typical short squeeze structure is forming, with ample bearish fuel.

🎯Direction: Buy on pullback

⚡Entry/Order: Accumulate in the 0.0193 - 0.0198 range

🛑Stop loss: 0.0185

🚀Target 1: 0.0246

🚀Target 2: 0.0270

🛡️Trade management:
- Execution strategy: After reaching Target 1, halve the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.0225, consider taking partial profits early.

Buy orders below 0.0225 to 0.0226 are significantly stacked, indicating clear support intent. The 4-hour MACD histogram is still expanding, but momentum on the 1-hour timeframe is slightly contracting, providing technical basis for a price pullback to the moving averages. Open interest remains stable, and negative funding rates continue to squeeze shorts. Under this combination, any decent pullback is an opportunity for longs to enter. The risk-reward ratio is close to 4:1, making it worthwhile to take a small risk to bet on the continuation of the short squeeze.

View real-time market 👇 $BLUR
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‍#四月行情预测 #加密市场普遍上涨 #金银同步走强