$NEAR has spent years conditioning traders to sell every rally.
But what if that mindset is about to become costly?
The weekly chart is beginning to show signs of a shift. After an extended downtrend, buyers are finally stepping in around the $4 zone.
For now, I want to see $6–8 reclaimed before turning seriously bullish.
But if this is truly the beginning of Phase 2, the upside could be much bigger. A move toward $20, or even $28, isn't out of the question.
Markets have a way of punishing those who become too comfortable with the wrong narrative.
Sometimes, the biggest opportunity comes when everyone is still expecting the old trend to continue.
Source: @makesense--
But what if that mindset is about to become costly?
The weekly chart is beginning to show signs of a shift. After an extended downtrend, buyers are finally stepping in around the $4 zone.
For now, I want to see $6–8 reclaimed before turning seriously bullish.
But if this is truly the beginning of Phase 2, the upside could be much bigger. A move toward $20, or even $28, isn't out of the question.
Markets have a way of punishing those who become too comfortable with the wrong narrative.
Sometimes, the biggest opportunity comes when everyone is still expecting the old trend to continue.
Source: @makesense--
