There may be a point in time when the narrative begins to move forward.
The reason is that the current narrative on social media may have become a bit too forceful, to the extent that early investors begin locking in profits.
What it means is: the selling demand is greater than the buying demand, so the price will temporarily stall.
This is very likely what’s happening with $NEAR .
Is there a downside? Obviously not. I’d rather see a solid base form, and then we can clearly see strong continuation take place.
In this regard; I don’t think we’ll keep pushing forward in a forceful manner.
I’d rather believe we’ll consolidate, and when it dips to the low-$3 range, I’ll be happy to buy a large amount of this.
Meanwhile: other narratives are very likely taking over.
The reason is that the current narrative on social media may have become a bit too forceful, to the extent that early investors begin locking in profits.
What it means is: the selling demand is greater than the buying demand, so the price will temporarily stall.
This is very likely what’s happening with $NEAR .
Is there a downside? Obviously not. I’d rather see a solid base form, and then we can clearly see strong continuation take place.
In this regard; I don’t think we’ll keep pushing forward in a forceful manner.
I’d rather believe we’ll consolidate, and when it dips to the low-$3 range, I’ll be happy to buy a large amount of this.
Meanwhile: other narratives are very likely taking over.
