BLURUSDT Forming Descending TriangleBLURUSDT is currently forming a descending triangle pattern, a structure that often signals a potential breakout — either bearish or bullish depending on key support levels. In this case, strong buying pressure and good volume hint at a bullish reversal from this consolidation phase. If price breaks above the descending trendline resistance, traders could see an upward move of 70% to 80%+, especially given BLUR's recent accumulation behavior and increased market interest.
The fundamentals behind BLUR, a token powering the Blur NFT marketplace, are also contributing to its market traction. As interest in NFT infrastructure and marketplace tokens grows again, BLUR appears to be regaining investor confidence. This renewed momentum aligns with the technical structure that shows tightening price action and lower volatility — often a precursor to significant movement.
Traders and analysts will be watching the breakout levels very closely. A sustained move above the upper boundary of the triangle, accompanied by rising volume, would provide a strong confirmation of the bullish scenario. With current on-chain activity and increasing social engagement, BLUR may surprise the market with its next impulse wave.
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