$BLUAI

BLUAIBSC
BLUAIUSDT
0.006352
+17.19%

USDT Perp Technical Analysis

Market structure

Strong bullish move from 0.00540 to 0.00666

Sharp pullback after rejection at high

Price is now consolidating and trying to continue up

Current price

Around 0.00615 to 0.00617

Key resistance

0.00620 to 0.00625 minor resistance

0.00645 strong resistance

0.00665 to 0.00670 major supply zone

Key support

0.00600 first support

0.00585 to 0.00590 strong support

0.00560 major support

Bias

Bullish above 0.00600

Break and hold above 0.00625 can push price to 0.00645 and 0.00665

Rejection below 0.00620 may cause pullback to 0.00590

Trade idea

Long on pullback near 0.00600 to 0.00590

Targets 0.00645 then 0.00665

Stop loss below 0.00580

Risk note

Volatility is high after strong pump

Use tight risk management