n? NEAR Under Surveillance: Is Correction an Entry Opportunity or the Start of a Downtrend?
The $NEAR coin saw a strong uptrend during the past few days, but it has now entered a phase of correction and sideways movement. Therefore, itโs best not to chase the price, but to clearly watch the entry zones and resistance levels.
๐ Entry Plan (By Numbers):
๐ข First Entry: 4.20 โ 4.28$
A nearby support zone, and it becomes more important if a clear bounce appears with increasing trading volume.
๐ข Second Entry: 4.00 โ 4.10$
A stronger psychological and technical support zone. Reaching it may provide a better entry opportunity than buying at the highs.
๐ข Third Entry: 3.75 โ 3.85$
A deeper zone in case the correction extends. Here, you should reduce position size and manage risk carefully.
๐ฏ Sell Plan:
๐ต First Target: 4.45 โ 4.55$
A nearby resistance area; you can secure part of the profit there.
๐ต Second Target: 4.68 โ 4.85$
If the first resistance breaks convincingly with good trading volume.
๐ต Third Target: 5.00$
An important psychological level, where profit-taking activity may occur.
๐จ Caution Scenario:
Breaking the 3.75$ zone and holding below it weakens the short-term uptrend scenario. So you shouldnโt treat the plan as if reaching the targets is guaranteed.
๐ก Summary:
The opportunity isnโt in buying NEAR at any price, but in waiting for calculated zones. What Iโm watching most right now: 4.20$$NEAR
๐ Not financial advice; this is an educational technical read and level-management for potential scenarios.
#NEAR #NEARProtocol #Crypto #BinanceSquare #Altcoins #CryptoTrading
$NEAR
@NEARProtocol
The $NEAR coin saw a strong uptrend during the past few days, but it has now entered a phase of correction and sideways movement. Therefore, itโs best not to chase the price, but to clearly watch the entry zones and resistance levels.
๐ Entry Plan (By Numbers):
๐ข First Entry: 4.20 โ 4.28$
A nearby support zone, and it becomes more important if a clear bounce appears with increasing trading volume.
๐ข Second Entry: 4.00 โ 4.10$
A stronger psychological and technical support zone. Reaching it may provide a better entry opportunity than buying at the highs.
๐ข Third Entry: 3.75 โ 3.85$
A deeper zone in case the correction extends. Here, you should reduce position size and manage risk carefully.
๐ฏ Sell Plan:
๐ต First Target: 4.45 โ 4.55$
A nearby resistance area; you can secure part of the profit there.
๐ต Second Target: 4.68 โ 4.85$
If the first resistance breaks convincingly with good trading volume.
๐ต Third Target: 5.00$
An important psychological level, where profit-taking activity may occur.
๐จ Caution Scenario:
Breaking the 3.75$ zone and holding below it weakens the short-term uptrend scenario. So you shouldnโt treat the plan as if reaching the targets is guaranteed.
๐ก Summary:
The opportunity isnโt in buying NEAR at any price, but in waiting for calculated zones. What Iโm watching most right now: 4.20$$NEAR
๐ Not financial advice; this is an educational technical read and level-management for potential scenarios.
#NEAR #NEARProtocol #Crypto #BinanceSquare #Altcoins #CryptoTrading
$NEAR
@NEARProtocol