$BLUR : Demand zone protection. Long on quiet recovery.
The market tested the depth, and the seller could not develop success. Each attempt at downward pressure is extinguished faster than the previous one, while bounces acquire structure and duration. This is not a coincidence — this is a change of initiative without unnecessary noise.
A base with higher lows is forming on the hourly chart. The price is holding above EMA(7), which has turned upward. RSI(6) has recovered from the oversold zone and has settled above 45, freeing up space for further growth.
The zone 0.0202 – 0.0216 coincides with the Fibonacci level 0.618 from the last downward wave and the previous volume cluster, where demand was fixed during the accumulation phase.
Entry: 0.0202 – 0.0216
Targets:
TP1: 0.0228
TP2: 0.0246
TP3: 0.0265
Stop-loss: 0.0191
Breaking the level 0.0191 will break the ascending structure and indicate a continuation of the downward correction.
The strongest movements begin not at the peaks, but at protected depths.
What sign is more convincing for you when entering from the demand zone — the speed of price recovery or the fading volumes on the decline?
