NEAR Ran 523 Percent and Greed Is the Real Risk ๐ฅ
This is the part where a huge winner can turn into a giveback. NEAR already paid the patient crowd, and I still see a path toward $20, but not in a straight line.
๐ฅ Why I am watching
- 523 percent from the accumulation zone is already a massive win.
- $5.60 marked a higher high, so the bigger trend is not dead.
- The next chapter is a pullback, not another blind chase.
- Greed is the risk here, not the long-term story.
๐ The move I actually want
- A healthy 30-50 percent retrace from current levels.
- A dip toward $2.75-$2.22.
- A higher low that keeps the bigger structure alive.
- Only then do $8, $15, and $20 stay interesting.
๐ก Where I step back
- I would rather protect gains than marry the extension.
- Partial profits after a run like this make sense.
- If $2.22 breaks and no higher low forms, I drop the idea.
- No higher low, no fresh long for me.
๐ฏ My trade idea
- Bias: Wait
- Trigger: Higher low near $2.75-$2.22
- Target: $8, $15, $20 only if structure holds
- Invalidation: Clean break under $2.22
- Confidence: 63 percent
Still holding for $20, or taking some off after 523 percent? ๐
Tell me where you would place invalidation.
Not investment advice - research on your own! ๐
$NEAR
This is the part where a huge winner can turn into a giveback. NEAR already paid the patient crowd, and I still see a path toward $20, but not in a straight line.
๐ฅ Why I am watching
- 523 percent from the accumulation zone is already a massive win.
- $5.60 marked a higher high, so the bigger trend is not dead.
- The next chapter is a pullback, not another blind chase.
- Greed is the risk here, not the long-term story.
๐ The move I actually want
- A healthy 30-50 percent retrace from current levels.
- A dip toward $2.75-$2.22.
- A higher low that keeps the bigger structure alive.
- Only then do $8, $15, and $20 stay interesting.
๐ก Where I step back
- I would rather protect gains than marry the extension.
- Partial profits after a run like this make sense.
- If $2.22 breaks and no higher low forms, I drop the idea.
- No higher low, no fresh long for me.
๐ฏ My trade idea
- Bias: Wait
- Trigger: Higher low near $2.75-$2.22
- Target: $8, $15, $20 only if structure holds
- Invalidation: Clean break under $2.22
- Confidence: 63 percent
Still holding for $20, or taking some off after 523 percent? ๐
Tell me where you would place invalidation.
Not investment advice - research on your own! ๐
$NEAR