$NEAR is at 4.8950 today and I am passing on it
Volume is sitting at 0.4x the weekly average which means nobody is actually funding this move
1h RSI is weak at 41 and we are down 18.4 percent from the 7 day high of 6.0000
I need to see an hourly close and hold above 5.1980 before I care
Or a clean pullback that holds 4.7640 and bounces first
Markets can keep running without you and a bad entry costs more than a missed move
Chasing $NEAR here or waiting for 4.7640
#NEAR #RiskManagement
Volume is sitting at 0.4x the weekly average which means nobody is actually funding this move
1h RSI is weak at 41 and we are down 18.4 percent from the 7 day high of 6.0000
I need to see an hourly close and hold above 5.1980 before I care
Or a clean pullback that holds 4.7640 and bounces first
Markets can keep running without you and a bad entry costs more than a missed move
Chasing $NEAR here or waiting for 4.7640
#NEAR #RiskManagement