📊 $BLUAI testing minimums: Capitulation zone or entry?

The BLUAIUSDT Perp pair registers a -7.55% correction, trading currently at 0.010959, just a step away from its minimum of the last 24 hours (0.010911).

📉Chart key points:

The price has shown a sharply accelerated drop in the last few minutes, which usually helps clear excessive leverage from longs.

A notable increase in the volume of the last red candle is observed (902 USDT / 82.3K BLUAI), a sign of possible absorption by institutional buyers.

Immediate resistance lies at the MA60 (0.011071). Stabilization at this level could draw an ideal double-bottom pattern for a technical bounce toward 0.01105. 🚀

$BLUAI
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