$NEAR is at an interesting point.
After a sharp 15.34% drop, the price is trading close to its 24-hour low of $2.92.
What I'm looking for now isn't another random green candle.
I want to see buyers defend this area, followed by stronger spot volume.
If NEAR builds a base and starts reclaiming lost ground, a recovery trade could become interesting.
But a clean break below $2.92 would weaken that idea.
This is where patience can make the difference between catching a setup and catching a falling knife.
#Near #NEARProtocol #cryptotrading #AltcoinAnalysis #BinanceSquare
After a sharp 15.34% drop, the price is trading close to its 24-hour low of $2.92.
What I'm looking for now isn't another random green candle.
I want to see buyers defend this area, followed by stronger spot volume.
If NEAR builds a base and starts reclaiming lost ground, a recovery trade could become interesting.
But a clean break below $2.92 would weaken that idea.
This is where patience can make the difference between catching a setup and catching a falling knife.
#Near #NEARProtocol #cryptotrading #AltcoinAnalysis #BinanceSquare
