Technical analysis by wagmitraders about Symbol BLZ on 3/6/2025

#BLZ #BluezelleBLZ coin has risen more than 90% in the last 24 hours. BLZ coin has been in a downtrend for a long time. When we examine its technical chart, it is seen that it quickly crossed the resistance range of $ 0.05615 - $ 0.05276.If BLZ coin falls to the support range of $ 0.05615 - $ 0.05276, it can be considered as a spot. However, since it is a very volatile coin, we think that a high amount of purchases should not be made. If BLZ coin starts its rise again from the support range of $ 0.05615 - $ 0.05276, its next target is the blue zone in the analysis.NFA.#BLZ Coin fell to $0.05615 - $0.05276, the support zone we expected after the analysis we shared.BLZ coin continued to rise from the support zone mentioned in the analysis and we continue our investment with a 15% profit rate. If BLZ coin reaches $0.08425, we will sell 50% of our investment. We will wait for our next target of $0.111.#BLZ We stopped our BLZ spot investment as it closed candles below the daily support zone we mentioned in the analysis. BLZ may deepen its downward movement. For this reason, we will not invest until it turns its trend up again, we will only watch.NFA