NEAR JUST STOOD STILL OVERNIGHT WHILE THE MARKET BLED AND 475 IS THE TEST
While everything else slid overnight Near just stood there
Bitcoin slipped back under 80000 overnight and the rest of the big board bled with it and Near closed the night at 451 cents basically flat
That kind of stillness in a red tape is worth noticing because it usually means sellers are tired or buyers are quietly waiting and both stories point the same way for today
Here is the setup I am watching and it is dead simple
The overnight low was 443 cents and the overnight high reached 463 cents and the price is sitting near 451 cents as I write this
A push through 475 cents tells me the week long slide is finally over because that is the level that shows the correction has run its course
A daily close under 428 cents tells me the opposite and the slide is alive again with the 50 day line gone
So today is a coin flip with clean edges and I kinda like that
No guessing about some print landing later because Monday is quiet on the calendar and the real fireworks wait for the Fed statement on Wednesday
If you had to pick a side before the open would you back the 475 reclaim or the 428 break
$NEAR
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #NEAR475Test
While everything else slid overnight Near just stood there
Bitcoin slipped back under 80000 overnight and the rest of the big board bled with it and Near closed the night at 451 cents basically flat
That kind of stillness in a red tape is worth noticing because it usually means sellers are tired or buyers are quietly waiting and both stories point the same way for today
Here is the setup I am watching and it is dead simple
The overnight low was 443 cents and the overnight high reached 463 cents and the price is sitting near 451 cents as I write this
A push through 475 cents tells me the week long slide is finally over because that is the level that shows the correction has run its course
A daily close under 428 cents tells me the opposite and the slide is alive again with the 50 day line gone
So today is a coin flip with clean edges and I kinda like that
No guessing about some print landing later because Monday is quiet on the calendar and the real fireworks wait for the Fed statement on Wednesday
If you had to pick a side before the open would you back the 475 reclaim or the 428 break
$NEAR
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #NEAR475Test
