$NEAR frustrates me to no end—this kind of market is easiest to lose money by moving around randomly.
Market: current price 1.8730, -4.34% in 24h, trading within a range; funding rate +0.0076%.
Key levels: upper resistance 1.9050, lower support 1.8540. Before the levels break, the direction is unclear.
My take: within the range, you can sell high and buy low—but don’t bet on a one-way move. Wait for a breakout above 1.9050 or a breakdown below 1.8540 before acting.
In a ranging market, do you sell high and buy low, or stay in cash and wait?
#NEAR #Binance Square
Market: current price 1.8730, -4.34% in 24h, trading within a range; funding rate +0.0076%.
Key levels: upper resistance 1.9050, lower support 1.8540. Before the levels break, the direction is unclear.
My take: within the range, you can sell high and buy low—but don’t bet on a one-way move. Wait for a breakout above 1.9050 or a breakdown below 1.8540 before acting.
In a ranging market, do you sell high and buy low, or stay in cash and wait?
#NEAR #Binance Square
