$NEAR
$NEAR is pulling back into the golden zone, and the chart says $2.80 is where it turns
NEAR has been climbing inside an ascending channel all year.
Every bounce from the bottom has been huge: +259% in spring, +285% in the fall.
After the rejection at the top of the channel, price is down 44% from $5.98.
That pullback is heading straight into $2.80.
That's where the 0.705 OTE, the bullish order block and the old June highs all meet.
The roadmap: Higher Low at $2.80, a bullish CHoCH, then a BOS.
After that, the $5.98 liquidity gets taken and price targets the upper trendline near $7.20.
Invalidation: a daily close below $2.50.
Would you buy $NEAR at $2.80? 👇
#Near
$NEAR is pulling back into the golden zone, and the chart says $2.80 is where it turns
NEAR has been climbing inside an ascending channel all year.
Every bounce from the bottom has been huge: +259% in spring, +285% in the fall.
After the rejection at the top of the channel, price is down 44% from $5.98.
That pullback is heading straight into $2.80.
That's where the 0.705 OTE, the bullish order block and the old June highs all meet.
The roadmap: Higher Low at $2.80, a bullish CHoCH, then a BOS.
After that, the $5.98 liquidity gets taken and price targets the upper trendline near $7.20.
Invalidation: a daily close below $2.50.
Would you buy $NEAR at $2.80? 👇
#Near