NEAR is down — but down is not the same as cheap.
4.98 · -7.05% 24h · Vol 211M USDT.
NEAR is worth watching because of its 24h volatility; the key question is whether buying pressure is still continuing or it’s already too late.
I haven’t assigned this story too early; for now, I’m just watching the volume, the price zone, and the reaction after the breakout. -7.05% shows the sell pressure isn’t small. I’ll wait for a reclaim of 5.54 or to form a new base; catching it early just because it’s red a lot often leads to emotion-driven trading.
The best bottom is when selling pressure is exhausted—not when the chart looks "cheap." I’ll wait for a clear reaction at 4.96 before thinking about an entry point.
Buying the dip or waiting it out?
#NEAR #RiskManagement #Crypto
4.98 · -7.05% 24h · Vol 211M USDT.
NEAR is worth watching because of its 24h volatility; the key question is whether buying pressure is still continuing or it’s already too late.
I haven’t assigned this story too early; for now, I’m just watching the volume, the price zone, and the reaction after the breakout. -7.05% shows the sell pressure isn’t small. I’ll wait for a reclaim of 5.54 or to form a new base; catching it early just because it’s red a lot often leads to emotion-driven trading.
The best bottom is when selling pressure is exhausted—not when the chart looks "cheap." I’ll wait for a clear reaction at 4.96 before thinking about an entry point.
Buying the dip or waiting it out?
#NEAR #RiskManagement #Crypto