🐋 $NEAR has broken through the 5 level, where pending orders and stop-losses tend to cluster.
After moving above it, short positions’ stop-losses can easily be swept in a wave, driving a sharp rally. But if volume fails to keep up, the price can also be pushed back below the level.
Bullish or bearish?
#NEAR
This article is for informational purposes only and is not investment advice.
After moving above it, short positions’ stop-losses can easily be swept in a wave, driving a sharp rally. But if volume fails to keep up, the price can also be pushed back below the level.
Bullish or bearish?
#NEAR
This article is for informational purposes only and is not investment advice.