$BLUAI /USDT – Short Setup (Perp)

Current Price: $0.006803

Mark Price: $0.006801

24h Range: $0.005462 – $0.007654

24h Volume: 1.79B BLUAI / 12.22M USDT

Market Structure

Price recently rejected near $0.00765 (24h high) and has pulled back.

The chart shows a short-term downtrend after failing to break higher resistance.

The price is now testing support around $0.0068.

Short Entry Zone

Ideal short entry: $0.00685 – $0.00700

Confirmation: Price rejection at resistance + volume spike on sell-side.

Targets (TP)

TP1: $0.00650 (near recent support)

TP2: $0.00620 (next structural support)

TP3: $0.00590 (low-risk extended target)

Stop Loss (SL)

Place SL above $0.00740 – $0.00750, just above recent high to avoid false breakouts.