$NEAR coiling above major demand. Reclaim or drop to $4.40? đŻ
After getting rejected off the $5.58 resistance,$NEAR has been carving out lower highs on the 1H timeframe and is currently hanging around $5.07.
Hereâs the game plan Iâm watching:
The Bear Case: If sellers press below $5.00, the path clears for a liquidity sweep straight into the major $4.30â$4.50 demand zone (grey box).
The Bull Case: Reclaiming $5.20 with clean hourly closes invalidates the immediate breakdown and shifts momentum back toward $5.58.
Iâm keeping hands off until price reacts to the $4.50 demand box or reclaims $5.20.
Are you bidding the $4.50 zone or waiting for a reversal signal? Let me know below đ
#Near #cryptotrading #TechnicalAnalysis #altcoins
After getting rejected off the $5.58 resistance,$NEAR has been carving out lower highs on the 1H timeframe and is currently hanging around $5.07.
Hereâs the game plan Iâm watching:
The Bear Case: If sellers press below $5.00, the path clears for a liquidity sweep straight into the major $4.30â$4.50 demand zone (grey box).
The Bull Case: Reclaiming $5.20 with clean hourly closes invalidates the immediate breakdown and shifts momentum back toward $5.58.
Iâm keeping hands off until price reacts to the $4.50 demand box or reclaims $5.20.
Are you bidding the $4.50 zone or waiting for a reversal signal? Let me know below đ
#Near #cryptotrading #TechnicalAnalysis #altcoins