⚡ $NEAR : THE TRENDLINE BROKE AND FIBONACCI TAKES THE WHEEL 👀
NEAR has broken its multiyear descending trendline, with $3.730 the key pullback level on this weekly roadmap.
Reclaiming $4.993 and the 0.618 level at $5.925 would support a recovery toward $8.939.
Above $8.939, the 1.618 extension at $13.816 comes into focus, followed by $16.830 and the prior peak at $20.562.
The 2.618 extension at $21.707 sits just beyond that old high.
A weekly close below $3.730 followed by a failed reclaim would weaken this scenario.
#EarningsSeason #DowDrops653Points #MarketsPriceJust10%ChanceOfFedHikeNextWeek #BinancePick
NEAR has broken its multiyear descending trendline, with $3.730 the key pullback level on this weekly roadmap.
Reclaiming $4.993 and the 0.618 level at $5.925 would support a recovery toward $8.939.
Above $8.939, the 1.618 extension at $13.816 comes into focus, followed by $16.830 and the prior peak at $20.562.
The 2.618 extension at $21.707 sits just beyond that old high.
A weekly close below $3.730 followed by a failed reclaim would weaken this scenario.
#EarningsSeason #DowDrops653Points #MarketsPriceJust10%ChanceOfFedHikeNextWeek #BinancePick
