NEAR
5.018
+3.95%
The double top around $5.58 triggered a strong bearish correction after NEAR became heavily overbought.
Early buyers who caught the move from $1.50 â $5.50 are already sitting on huge gains, so some profit-taking was expected. đ
The daily trend is still globally bullish, but price action suggests we may need more downside before the next strong move.
đŻ Demand Zones:
âą $4.34
âą $4.10
âą $3.85
đ§ Key Resistance:
âą $4.80
âą $5.05
âą $5.40
â ïž If we see a deeper full retracement, the $3.10â$3.30 area could become a major accumulation zone.
Trade the levels, not the emotion. Let price confirm the setup before entering. đ§ đ