BLUR - NO CONTEXT - A NEW POTENTIAL HIGH AFTER THIS LAST RETRACE

Looks like BLURUSDT is forming a Flat formation and on this particular scenario it is presumed to be a RUNNING FLAT to be precise which will drive price to at least $0.5000 and can go further down to $0.4700.

The other sceanrio makes it a EXPANDED FLAT which brings more deeper retracement to $0.3900

The invalidation level is clearly on the chart. For all this to be valid price must not touch that level (red dotted line)