Hey $BLUAI what happened to you?
Not long ago you were touching $0.011, looking down at everyone. Now, at $0.0056 with a -35% drop today, things feel different.
BLUAIUSDT
Perp
0.005232
-15.85%
I won’t lie: the chart looks exhausted. But sometimes, when things look darkest, that’s exactly where the ugliest (and prettiest) bounces start.
For now, BLUAI is in that uncomfortable spot: not quite bottomed out, not strong enough to fly. What happens in the next few candles will decide whether this is just a rough patch or the start of something heavier.
My take? Patience and watch if it can reclaim the 200 EMA. As long as it stays below, the bears are in control.