$NEAR down, target $4.05. A close above $4.55 and I'm wrong.
NEAR sits at #2 on CoinGecko trending while spot drops 7.99% in 24 hours to $4.363. Attention, no bid. Perp open interest grew from 52.20M to 53.92M NEAR over six hours while price slid from $4.471 to $4.358, and 57.4% of accounts are still long with funding positive at +0.0063% per 8h. Leverage is stacking under a falling market.
Which comes first, $4.05 or $4.55?
NEAR sits at #2 on CoinGecko trending while spot drops 7.99% in 24 hours to $4.363. Attention, no bid. Perp open interest grew from 52.20M to 53.92M NEAR over six hours while price slid from $4.471 to $4.358, and 57.4% of accounts are still long with funding positive at +0.0063% per 8h. Leverage is stacking under a falling market.
Which comes first, $4.05 or $4.55?
