🩸 $NEAR — Watching the $2.20 Target
$NEAR is pulling back after rallying toward $5.80, and I’m watching for a potential move toward the $2.00–$2.50 zone.
This area was a major consolidation zone on the weekly chart before the previous breakout. It could now become a key retest area.
After a sharp rally, price may revisit the breakout zone to test demand and rebalance the move. If buyers defend this area, another bullish reversal is still possible.
🎯 Target: $2.20
🔻 Bias: Short, if bearish confirmation appears
I’ll be watching price action closely around the yellow box before considering the next move.
⚠️ 100x leverage carries extreme liquidation risk. Manage risk carefully.
Trade Here 👇🏻
$NEAR is pulling back after rallying toward $5.80, and I’m watching for a potential move toward the $2.00–$2.50 zone.
This area was a major consolidation zone on the weekly chart before the previous breakout. It could now become a key retest area.
After a sharp rally, price may revisit the breakout zone to test demand and rebalance the move. If buyers defend this area, another bullish reversal is still possible.
🎯 Target: $2.20
🔻 Bias: Short, if bearish confirmation appears
I’ll be watching price action closely around the yellow box before considering the next move.
⚠️ 100x leverage carries extreme liquidation risk. Manage risk carefully.
Trade Here 👇🏻