Having surpassed $30 billion in volume, NEAR Intents were exploited, losing $3.8 million — $NEAR immediately dumped about 6% to near $4.94.
The issue lies in the bridge between the Omni system and the smart contract. The project confirmed it has been patched and will fully reimburse users; the mainnet is unaffected.
$4.94 is the direct support zone I’m monitoring. If it breaks, high-leverage longs will get swept—there isn’t any clearly defined support zone right below it. Only after the news calms down and it holds will the chart have a reason to recover.
To futures traders: catching the knife right as the security news just broke is truly a risk—not being overly cautious. I’m waiting for 1–2 confirmation candles at $4.94 before making any decisions—no new entries right now.
Fellow chart watchers: take a look below $NEAR to see which side—buy or sell—is leaning the market 👇
#NEAR #DeFi #BaoMat #Altcoin
The issue lies in the bridge between the Omni system and the smart contract. The project confirmed it has been patched and will fully reimburse users; the mainnet is unaffected.
$4.94 is the direct support zone I’m monitoring. If it breaks, high-leverage longs will get swept—there isn’t any clearly defined support zone right below it. Only after the news calms down and it holds will the chart have a reason to recover.
To futures traders: catching the knife right as the security news just broke is truly a risk—not being overly cautious. I’m waiting for 1–2 confirmation candles at $4.94 before making any decisions—no new entries right now.
Fellow chart watchers: take a look below $NEAR to see which side—buy or sell—is leaning the market 👇
#NEAR #DeFi #BaoMat #Altcoin
