Market Overview for Blur (BLURUSDT)

• Blur (BLURUSDT) formed a key bearish reversal pattern after testing a short-term resistance level near $0.0806, followed by a sharp pullback.
• Volatility expanded sharply during the 19:45–20:00 ET hour, with a massive $5.7M turnover candle signaling strong distribution pressure.
• The RSI remains bearish at 36, and price holds above the 50-period MA on the 15-min chart, suggesting potential for consolidation.
• Bollinger Bands widened sharply during the sell-off, indicating heightened uncertainty in market positioning.
• A 24-hour total turnover of $48.9M highlights significant liquidity shifts despite a 5.4% price decline.

Market Overview

At 12:00 ET on August 25, 2025, Blur (traded as BLURUSDT) opened at $0.079, reached a high of $0.0824, dropped to a low of $0.07436, and closed at $0.07515. Total volume was 23,668,111.9 BLUR, with total turnover of $48.9 million, reflecting active trading and shifting sentiment.

Structure & Formations

Price rallied to a 24-hour high of $0.0824 before encountering bearish pressure and forming a shooting star and hanging man pattern around the $0.0828–$0.0824 range. This signaled a potential bearish reversal, which was confirmed by a large red candle on 1945–2000 ET with $5.7M turnover. Price has since consolidated near $0.0755, with key support now forming at $0.075 and $0.0745. Resistance levels to watch include $0.0765, $0.0775, and $0.0805.

Moving Averages

On the 15-minute chart, price currently holds above the 50-period MA, suggesting short-term buyers remain active. The 20-period MA, however, is bearish and has crossed below the 50-period MA (a death cross), signaling caution. On the daily chart, price remains above the 200-period MA, indicating a longer-term bullish bias, though the 50 and 100-period MAs are bearish.

MACD & RSI

The MACD has turned negative, with a bearish crossover recently forming, suggesting a potential continuation of the pullback. RSI stands at 36, indicating oversold conditions but not yet extreme, leaving room for a short-term bounce or further test of support. A move below 30 could trigger renewed buying interest.

Bollinger Bands

Bollinger Bands expanded significantly during the sell-off, reflecting rising volatility. Price currently sits just below the midline, but remains within the bands, suggesting no immediate breakout potential. A move above the upper band would require a recovery above $0.0765, while a break below the lower band would confirm bearish momentum.

Volume & Turnover

The largest 15-minute volume spike occurred at 1945–2000 ET, with 5.73 million BLUR traded and a turnover of $5.7M, indicating aggressive selling. This was followed by a sharp price decline to the 24-hour low. Notably, the volume and price moved in alignment, confirming the bearish reversal. Turnover has declined significantly in the last 6 hours, suggesting reduced conviction in either direction.

Fibonacci Retracements

Key Fibonacci levels on the recent 15-minute swing (from $0.0824 to $0.07436) include $0.0785 (38.2%) and $0.0764 (61.8%). Price is currently consolidating near $0.07515, which is slightly below the 61.8% retracement level, potentially acting as a temporary floor.

Looking ahead, Blur may consolidate near current levels or test the $0.0745 support before any meaningful rebound. A break below that could see price retest $0.074, while a recovery above $0.0765 may signal short-covering. Investors should monitor volume divergence and RSI for confirmation of any reversal. Strong distribution and divergent candlestick signals imply a bearish bias, though oversold RSI hints at potential short-term volatility.